Get tax breaks for energy-saving purchases this year because they may disappear
November 22, 2024 | Ryan Burke, CPA, MSF
This may be the last year to get tax breaks for energy saving purchases. Read the blog to find out more
Read MoreThis may be the last year to get tax breaks for energy saving purchases. Read the blog to find out more
Read MoreIn some cases, a married couple files a joint tax return and one spouse is unaware of all the income of the other spouse. The spouse who is in the dark still must generally pay the tax bill even if the couple divorces. But there may be “innocent spouse” relief.
Truckers and other owners of certain heavy highway vehicles must generally file a federal highway use tax return by August 31, 2022. The tax can be paid to the IRS by filing electronically or on a paper form. This article explains the basic details about the requirement.
Form 1095-C is filed with the IRS and provided to employees of “applicable large employers” who are full-time employees. Which employers are affected and what must they do?
Self-employed taxpayers generally must make quarterly estimated tax payments. But even if you’re not self-employed, you may have to make them to avoid a penalty if you don’t have enough federal tax withheld. Here are the rules.
How do you handle the costs involved in developing your business website for tax purposes? Here are the general rules.
You don’t have to be a large business to benefit from tax breaks. Here are 3 ways that eligible small businesses can save on taxes.
A big tax bill (or a large refund) may mean you don’t have the proper amount of tax withheld from your paycheck. Here’s how to make sure that doesn’t happen next year.
If you want to take money out of your traditional IRA before age 59½, you’ll generally have to pay an early withdrawal penalty on top of the regular income tax you’ll owe. But there are exceptions to avoid the penalty.
Interested in a “like-kind” exchange of real property? Here are the basic rules.
Do your children have investment income? They may owe “kiddie tax.” Here are the basic rules.