Tax Record Retention
-
Entrepreneurs and taxes: How expenses are claimed on tax returns
While some businesses have closed since the start of the COVID-19 crisis, many new ventures have launched. Entrepreneurs have cited a number of reasons why…
Read More: Entrepreneurs and taxes: How expenses are claimed on tax returns -
New per diem business travel rates became effective on October 1
Are employees at your business traveling again after months of virtual meetings? In Notice 2021-52, the IRS announced the fiscal 2022 “per diem” rates that…
Read More: New per diem business travel rates became effective on October 1 -
Selling a home: Will you owe tax on the profit?
Many homeowners across the country have seen their home values increase recently. According to the National Association of Realtors, the median price of homes sold…
Read More: Selling a home: Will you owe tax on the profit? -
Still have questions after you file your tax return?
Even after your 2020 tax return has been successfully filed with the IRS, you may still have some questions about the return. Here are brief…
Read More: Still have questions after you file your tax return? -
Buying and selling mutual fund shares: Avoid these tax pitfalls
If you invest in mutual funds, be aware of some potential pitfalls involved in buying and selling shares. Surprise sales. You may already have made…
Read More: Buying and selling mutual fund shares: Avoid these tax pitfalls -
What tax records can you throw away?
October 15 is the deadline for individual taxpayers who extended their 2019 tax returns. (The original April 15 filing deadline was extended this year to…
Read More: What tax records can you throw away?
Stay current on weekly blogs by following our social media posts on LinkedIn, Facebook, and Twitter.