Taxable Income
-
Does your business barter? Here are some facts you should know
In today’s economy, many small businesses are strapped for cash. They may find it beneficial to barter or trade for goods and services instead of…
Read More: Does your business barter? Here are some facts you should know -
With year-end approaching, 3 ideas that may help cut your tax bill
If you’re starting to worry about your 2021 tax bill, there’s good news — you may still have time to reduce your liability. Here are…
Read More: With year-end approaching, 3 ideas that may help cut your tax bill -
Does your employer provide life insurance? Here are the tax consequences
Employer-provided life insurance is a coveted fringe benefit. However, if group term life insurance is part of your benefits package, and the coverage is higher…
Read More: Does your employer provide life insurance? Here are the tax consequences -
10 facts about the pass-through deduction for qualified business income
Are you eligible to take the deduction for qualified business income (QBI)? Here are 10 facts about this valuable tax break, referred to as the…
Read More: 10 facts about the pass-through deduction for qualified business income -
IRS audits may be increasing, so be prepared
The IRS just released its audit statistics for the 2020 fiscal year and fewer taxpayers had their returns examined as compared with prior years. But…
Read More: IRS audits may be increasing, so be prepared -
Disability income: How is it taxed?
Many Americans receive disability income. You may wonder if — and how — it’s taxed. As is often the case with tax questions, the answer…
Read More: Disability income: How is it taxed?
Stay current on weekly blogs by following our social media posts on LinkedIn, Facebook, and Twitter.