Latest From the Blog
Tax Tip of the Week | No. 437 | What Happens to My Federal Income Taxes if I Sell My Rental?
Taxable gains on the sale of a rental could result in big tax surprises.
Tax Tip of the Week | No. 436 | Do You Need Tax Planning or Business Consulting?
Tax planning is important! Do it!
Tax Tip of the Week | No. 435 | Passive Activity Losses
A passive activity is a business activity in which the taxpayer does not materially participate.
Tax Tip of the Week | No. 434 | Tax Depreciation - Section 179
The Section 179 deduction is a great tax planning tool for small to medium-sized businesses.
Tax Tip of the Week | No. 433 | Municipal Net Profit Tax Return
Business taxpayers are required to file and pay tax in every municipality where income is earned. The new plan is for the state to administer the business net profit tax.
Tax Tip of the Week | No. 432 | C Corporation
A C Corporation is the most common type of corporation in the United States.