What We Write
Is the Money Received in a Lawsuit or Settlement Tax-free?
You generally must pay federal tax on all income you receive but there are...
Businesses: Prepare for the lower 1099-K filing threshold
Businesses should be aware that they may be responsible for issuing more information reporting forms for 2022 because more workers may…
Inflation adjusted amounts for HSA’s in 2023
The IRS recently released guidance providing the 2023 inflation adjusted amounts for HSA’s (Health Savings Accounts). High inflation rates will result…
Once you file your tax return, here are 3 issues to consider
The tax filing deadline for 2021 tax returns is April 18 this year. After your 2021 tax return has been successfully filed with the IRS, there may still be
Fully deduct business meals this year
The federal government is helping to pick up the tab for certain business meals. Under a provision...
Selling mutual fund shares: What are the tax implications?
If you’re an investor in mutual funds or you’re interested in putting some money into them, you’re...
Selling a home: Will you owe tax on the profit?
Many homeowners across the country who are selling a home have seen their home values increase...
