The banking industry is facing a number of significant changes in the coming year, with several important regulatory themes emerging. The Office of the Comptroller of the Currency, Federal Deposit...
Tax season is upon us again, and this time of year can be stressful for many taxpayers. Not only do you have to gather all your financial documents for your...
If you earn income as a freelancer, independent contractor, or from a side gig, you'll likely do so as a sole proprietor or single-member LLC and report your income on...
The IRS issued Revenue Ruling 2023-02, which clarifies the treatment of assets in irrevocable grantor trusts for tax purposes. This ruling aims to curb potential abuse of the stepped-up basis...
The 2023 MRT Readers' Choice Awards nominations are here! Residents in the Permian Basin area are eligible to vote. Nominate your favorite businesses April 3 - May 1, 2023.Each year...
If you were looking to make a few home improvements, you might save some money on your projects under the Inflation Reduction Act, if you make your home more energy...
Once you get above a certain age, you start hearing about a magical thing called a credit score. You hear that everybody has one and that you need to do...
In recent years, the internal revenue service began increasing identity theft identification efforts following an increase of fraudulently-filed tax returns. As part of these efforts to decrease fraud, the IRS...