Ideas & Insight

If you inherit property there is a For tax purposes, what’s the “cost” (or “basis”) an individual gets in property that he or she inherits from another? Read on to find out!

Simplified Employee Pension plan (SEP) may be the best option for your retirement packages for your small business.

Questions about what paperwork to toss after filing your return all answered here.

When can you use the rehabilitation tax credit? This tax credit favors historic renovation.

Have a piece of art you would like to donate to charity? Read this article to know the tax rules for donating to your favorite non-profit.

Thinking about hiring your child this summer? Read on for the tax advantages that would offer.

Think about choosing an S Corporation for your business entity.

All you need to know to be able to qualify for the more favorable “Head of Household” status on your tax return.

IRS is warning companies to stay away from the ERC advertisements that claim you can still benefit from Employee Retention Credits.

Answers to who is affected by President Biden’s tax proposals and when will the proposals come into effect.