What’s a property tax millage rate?
Test your knowledge: What’s a property tax millage rate?
Read More What’s a property tax millage rate?Test your knowledge: What’s a property tax millage rate?
Read More What’s a property tax millage rate?Are you paid to care for a family member? Don’t overlook the tax implications. Depending on the arrangement, a family caregiver may be considered a household employee, which can create employment tax and Form W-2 obligations for the person receiving care. In other situations, the caregiver may not be an employee but still must report […]
Read More Getting Paid to Care for Family? Know the Tax RulesThe IRS is warning tribal communities and businesses about promoters selling fake “Tribal Tax Credits,” “Native American Tax Credits” and similarly named credits. No such federal tax credits exist. Promoters may claim you can purchase the credits to reduce your federal tax bill or generate a refund, sometimes pressuring you to act quickly. Other red […]
Read More Beware of Fake Tax Credits: What Businesses Need to KnowFederal Surcharge Drives Another Increase in Wireless Taxes and Fees in 2026 https://bit.ly/472salZ
Read More Federal Surcharge Drives Another Increase in Wireless Taxes and Fees in 2026A Health Savings Account (HSA) isn’t just for today’s medical expenses. It can also help you build additional tax-advantaged retirement savings. If your finances allow, consider paying current qualified medical expenses out of pocket and leaving your HSA funds invested. Earnings grow tax-deferred, unused funds carry forward indefinitely and withdrawals for qualified medical expenses are […]
Read More Your HSA Could Be More Than a Healthcare AccountThe Corporate Transparency Act (CTA) is intended to help authorities uncover crimes such as tax evasion and money laundering. But the National Small Business Association (NSBA) is asking the U.S. Supreme Court to determine whether the CTA is constitutional. A 2026 U.S. Treasury Dept. rule exempted most domestic entities from CTA reporting requirements. But in […]
Read More Could CTA reporting return?If you’re opening a small business, you’ll need to get up to speed on tax compliance, pronto. Start by separating your personal and business finances (including bank accounts and credit cards) and choosing your business structure, which will determine how your business is taxed. Research small business deductions (https://bit.ly/3VlQ894 ) so you’ll know which items […]
Read More Starting a Business? Get Your Tax Compliance Right From the StartThe stepped-up basis rules can help ease the capital gains tax bite of an inheritance. Under the rules, when your family member inherits an asset, its tax basis is adjusted, or “stepped up,” to its fair market value at your death. If the heir later sells the asset, he or she will owe capital gains […]
Read More Understanding the Tax Benefits of a Stepped-Up BasisBusiness owners have access to more financial and operational data than ever before. The challenge is identifying the most useful information and presenting it in such a way that enables better decision-making. Dashboard reports consolidate your key metrics into an easy-to-read format, helping management monitor performance, identify trends and respond more quickly to changing business […]
Read More Turn raw data into actionable insights with dashboard reportingThe IRS has extended tax relief to eligible farmers and ranchers who sold or exchanged livestock due to drought. Notice 2026-54 identifies qualifying areas in 49 states, the District of Columbia, Puerto Rico and other regions that experienced severe drought during the 12 months ended Aug. 31, 2026. The relief generally applies to gains from […]
Read More Drought Relief Gives Farmers and Ranchers More Time to Replace Livestock