Tax Blog

It can be hard to build up your own business, but it can be harder to sell it for what...

The IRS has released draft Schedule 1-A, introducing four new temporary deductions within the One Big Beautiful Bill Act. If...

Life insurance is something most of us don’t want to talk about. But the truth is, no one gets out...

According to the Federal Reserve Bank of St. Louis, collection agencies saw $16.28 billion in revenue in 2019. While revenues...

Based on statistics from the World Bank, the United States government spent 3.59 percent of its 2022 gross domestic product...

Rescissions Act of 2025 (HR 4) – A rescission bill cancels funding previously approved by Congress upon request by the...

Artificial intelligence (AI) is one of the most talked-about technologies today. It has taken a shift from the broad general-purpose...

Not everyone can make large charitable contributions. But there are ways to be charitable without spending your discretionary income while...

Required minimum distributions (RMDs) from traditional IRAs and 401(k)s often become a significant tax burden during retirement. As the percentage...

If you’ve ever longed for a remote job but weren’t sure how to make it happen, then take note. Not...

When it comes to businesses and asset depreciation, there are many types available, such as straight-line, units of production, double...

With the global digital payments market expected to see north of $20 trillion in transaction value in 2025, according to...

One Big Beautiful Bill Act (HR 1) – Introduced by Rep. Jody Arrington (R-TX) on May 20, this bill passed...

The digital landscape has rapidly advanced, fueled by generative AI and other transformative technologies. Although this has come with great...

Young adults may not see much reason to purchase life insurance, especially if they have no dependents and/or a partner...

Receiving restricted stock units (RSUs) may seem straightforward, but the tax and financial planning complexities can catch many employees off...

Right smack dab in the middle of summer might seem like the worst time to think about your taxes, but...

Liquidity looks at how well a company can handle paying wages, inventory, and lending repayments via measuring its cash or...

Working capital is the difference between a business' current assets and liabilities. Negative working capital can happen when a business'...

HALT Fentanyl Act (S 331) – On Jan. 30, Sen. Bill Cassidy (R-LA) introduced this bipartisan act in order to...