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Moving Mom or Dad into a nursing home? 5 potential tax implications
More than a million Americans live in nursing homes, according to various reports. If you have a parent entering one, you’re probably not thinking...
We have prepared a selection of frequently asked questions.
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More than a million Americans live in nursing homes, according to various reports. If you have a parent entering one, you’re probably not thinking...
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Let’s say you own highly appreciated land that’s now ripe for development. If you subdivide it, develop the resulting parcels and sell them off for a...
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If you play a major role in a closely held corporation, you may sometimes spend money on corporate expenses personally. These costs may end up being...
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“Thousands of people have lost millions of dollars and their personal information to tax scams,” according to the IRS. The scams may come in through...
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If you own a successful small business with no employees, you might be ready to set up a retirement plan. Now a 401(k) might seem way out of your...
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Government officials saw a large increase in the number of new businesses launched during the COVID-19 pandemic. And the U.S. Census Bureau reports...
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If you and your employees are traveling for business this summer, there are a number of considerations to keep in mind. Under tax law, in order to...
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Treasury Secretary Steven Mnuchin announced that the IRS will allow taxpayers to defer payments for 2019 tax returns until July 15, subject to...
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As a result of the coronavirus (COVID-19) crisis, your business may be using independent contractors to keep costs low. But you should be careful...
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The coronavirus (COVID-19) pandemic has caused the value of some retirement accounts to decrease because of the stock market downturn. But if you...
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Many people’s estates typically include IRAs. Be aware that two major laws passed into law recently, the Setting Every Community Up for Retirement...
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Millions of eligible Americans have already received their Economic Impact Payments (EIPs) via direct deposit or paper checks, according to the IRS....
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The law providing relief due to the coronavirus (COVID-19) pandemic contains a beneficial change in the tax rules for many improvements to interior...