Tax

If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for tax purposes. Learn more about the step-up basis or step-down here. How do the rules work? Under the current fair market value basis rules (also known as the “step-up and step-down” rules), an heir receives […]

“Thousands of people have lost millions of dollars and their personal information to tax scams,” according to the IRS. The tax scam may come in through email, text messages, telephone calls or regular mail. Criminals regularly target both individuals and businesses and often prey on the elderly. Important: The IRS will never contact you by email, […]

If you are married and not earning a compensation, you can still save money for retirement in an IRA. Read on to know how.

Quick list of Q3 tax deadlines for your business and other employers.

This blog lets you know when seniors can deduct Medicare premiums on their tax returns.

Claiming first year real estate depreciation deductions? Read on to learn about the advantages and disadvantages of doing so.

If you are a high income tax payer you will want to read this blog to learn how to reduce the net investment income tax.

Are you traveling for business this summer? You may be able to deduct more than you think. Read this blog to find out!

Are you deciding on whether to provide a living trust for your estate? Read on to find out the benefits that this could have for you.

You might want to keep these Dos and Donts in mind when deducting business meal and vehicle expenses for your business.