Tax Tips & More
13 Answers on the New 2024 CTA Required BOI Reporting to FinCEN
The Corporate Transparency Act (CTA) imposes a new federal filing requirement for most corporations, limited liability companies (LLCs), and other business entities.
Odds Are: Tax Law Does Not Consider You a Professional Gambler
When it comes to taxes, the tax code treats professional gamblers better than recreational gamblers.
New 1099-K Filing Rules Delayed Again
Do you sell goods or services and receive payment through a third-party settlement organization (TPSO)? If so, you must know the IRS’s new Form 1099-K reporting rules.
Navigating Healthcare Sharing Ministries
Looking for healthcare solutions? I want to introduce you to an alternative that may align with your financial goals and personal values.
Deducting Start-Up Expenses for a Rental Property
Are you interested in becoming a commercial or residential landlord? If so, you’ll likely have to shell out plenty of money before ever collecting a dime in rent. The tax code treats some of those monies as start-up expenses.
Beware the Dreaded Wash Sale Rule when Harvesting Tax Losses
I am writing to share some important insights regarding tax-loss harvesting, a strategy that can be beneficial for managing your investments and tax obligations.
Best Practices When E-Filing Returns
Avoid future problems by following these best practices for e-filing.
Common Mistakes in Tax Preparation
Avoid errors that can occur when preparing tax returns by learning these common mistakes.
What Are Your Chances of Being Audited?
These red flags could increase your chances of the IRS selecting your return for audit.
June 2025 Tax Due Dates
June 10: Tips for May 2025 reported to employer
June 16: Estimated tax payment for 2nd quarter of 2025
June 16: U.S. taxpayers living and working abroad file 2024 tax return
June 16: U.S. taxpayers living and working abroad file form 4868 to request 4-month income tax return filing extension (payment of tax not extended)
June 16: Military personnel on duty outside the U.S. file 2024 tax return
June 16: Military personnel on duty outside the U.S. file Form 4868 to request 4-month income tax return filing extension (payment of tax not extended)
July 2025 Tax Due Dates
July 10: Tips for June 2025 reported to employer
August 2025 Tax Due Dates
August 11: Tips for July 2025 reported to employer