If you're financially successful or expect to become so, taxes are or will become one of your biggest expenses — and most people want to minimize their tax obligations. Roughly...
Smart Tax Planning Pays Off
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Taxes
Valuations in Shareholder Disputes
Shareholder disputes are common occurrences in today's complex business world. These disputes can often be divisive, long-lasting and expensive. They can arise in almost any...
FAQs on the General Business Credit
The general business credit (GBC) may help certain small businesses cut their federal income tax obligations significantly. This is an "umbrella" credit that encompasses various...
Are You Familiar With the FUTA Tax?
You're probably knowledgeable about the FICA tax, which was established by the Federal Insurance Contributions Act, and is paid by both employers and employees through payroll...
Do You Qualify for the Favorable HOH Status?
The head of household (HOH) federal tax filing status is often misunderstood by taxpayers who might qualify, including single, divorced or legally separated parents, and...
Handling Financial Affairs After Remarriage
While estate planning can be complex for all families, it can be especially complicated for those who remarry. In addition to considering your spouse and children in your current...
Keys to Avoiding Payroll Tax Trouble
What would happen if your company failed to pay the IRS payroll taxes when they're due? You could be on the hook for penalties and, if you're treated as a "responsible party,"...
Family and Medical Leave: Does Your Program Qualify for the Tax Credit?
In a tight labor market, paid family and medical leave is rapidly becoming more of an expected benefit than just a perk. The good news is the Section 45S federal tax credit for...
7 Tax Breaks for Parents
It's challenging and expensive to be a parent. The average annual cost of raising a child in the United States is $21,681, after factoring in tax exemptions and credits,...
FAQs about SE Tax
Entrepreneurs and others who work for themselves are often on the hook for significant federal self-employment (SE) tax, in addition to federal and state income taxes. Here are...