The IRS is introducing updates for the 2025 filing season to enhance taxpayer security and prevent refund delays. One key change is that e-filed tax returns claiming dependents listed on...
Assisted living facilities provide essential support for seniors and individuals with disabilities, offering services such as help with daily activities, medical care, and a safe living environment. While assisted living...
(authored by RSM US LLP) Substantiating charitable contributions of planes, boats, and automobiles differ from other types of non-cash gifts....
Navigating the complexities of payroll taxes is a daunting task for small business owners, fraught with challenges like worker misclassification and ever-changing regulations. This article explores common pitfalls and offers...
Learn how to keep abreast of your tax payments and avoid rising underpayment penalties that can quickly snowball. Discover strategies that can help you dodge unnecessary costs....
When market conditions change and unforeseen events test your business’s resilience, having a structured risk management process in place helps you respond with agility and foresight. This guide outlines practical...
Navigating the U.S. tax system can be complex, particularly when understanding critical concepts like Adjusted Gross Income (AGI), Modified Adjusted Gross Income (MAGI), and Taxable Income. These definitions impact your...
(authored by RSM US LLP) Varian's Tax Court victory indicates significant refund opportunity for taxpayers with significant section 965 deemed repatriation tax....