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What might be ahead as many tax provisions are scheduled to expire?
Buckle up, America: Major tax changes are on the horizon. The reason has to do with tax law and the upcoming elections.
We have prepared a selection of frequently asked questions.
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Buckle up, America: Major tax changes are on the horizon. The reason has to do with tax law and the upcoming elections.
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Employees, self-employed individuals, and employers all pay Social Security tax, and the amounts can get bigger every year. And yet, many people...
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From the minute they open their doors, business owners are urged to keep a close eye on cash flow. And for good reason — even companies with booming...
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Business owners are rightly urged to develop succession plans so their companies will pass on to the next generation, or another iteration of...
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There are many rewards for taking care of an elderly relative. They may include feeling needed, making a difference in the person’s life and allowing...
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Let’s say you own one or more vacant lots. The property has appreciated greatly and you’re ready to sell. Or maybe you have a parcel of appreciated...
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If you donate valuable items to charity and you want to deduct them on your tax return, you may be required to get an appraisal. The IRS requires...
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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 to...
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For businesses, cost-effectively sponsoring a health insurance plan for employees is an ongoing battle. In the broadest sense, you have two options:...
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Businesses usually want to delay recognition of taxable income into future years and accelerate deductions into the current year. But when is it wise...
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If you’re buying a new home, you may have thought about keeping your current home and renting it out. In March, average rents for one- and...
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If you operate a business, or you’re starting a new one, you know records of income and expenses need to be kept. Specifically, you should carefully...
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Your business should generally maximize current year depreciation write-offs for newly acquired assets. Two federal tax breaks can be a big help in...