Federal Taxes
-
Taxes when you sell an appreciated vacation home
Vacation homes in upscale areas may be worth way more than owners paid for them. That’s great, but what about taxes? Here are three scenarios…
Read More: Taxes when you sell an appreciated vacation home -
The tax deadline is almost here: File for an extension if you’re not ready
The April 15 tax filing deadline is right around the corner. However, you might not be ready to file. Sometimes, it’s not possible to gather…
Read More: The tax deadline is almost here: File for an extension if you’re not ready -
2024 Q2 tax calendar: Key deadlines for businesses and employers
Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2024. Keep in mind that…
Read More: 2024 Q2 tax calendar: Key deadlines for businesses and employers -
How renting out a vacation property will affect your taxes
Are you dreaming of buying a vacation beach home, lakefront cottage or ski chalet? Or perhaps you’re fortunate enough to already own a vacation home.…
Read More: How renting out a vacation property will affect your taxes -
Bartering is a taxable transaction even if no cash is exchanged
If your small business is strapped for cash (or likes to save money), you may find it beneficial to barter or trade for goods and…
Read More: Bartering is a taxable transaction even if no cash is exchanged -
Beware of a stealth tax on Social Security benefits
Some people mistakenly believe that Social Security benefits are always free from federal income tax. Unfortunately, that’s often not the case. In fact, depending on…
Read More: Beware of a stealth tax on Social Security benefits
Stay current on weekly blogs by following our social media posts on LinkedIn, Facebook, and Twitter.