Tax Tips & More
Tax-Deductible Cruise Ship Travel
Here’s an example that may be relevant to your tax planning strategy—particularly when it comes to travel for business purposes that may also offer a more comfortable or enjoyable experience.
Turn Your Corporate Vehicle into a Tax-Smart Asset
If your S or C corporation owns a vehicle that you also use personally, there are important tax rules you need to follow—and smart planning can help you save significantly.
Why Landlords Should File Form 1099-NEC
If you own rental property, you may have heard that you’re not required to file Form 1099-NEC for contractors, such as plumbers or handymen. While that’s often true, choosing not to file could be costing you valuable tax savings.
Life Insurance: You Don’t Have to Die to Collect
Could you use a quick infusion of tax-free cash? Your life insurance policy may provide one. And you don’t have to die to collect.
QCD with IRA Checking Account - Easy, but Beware
If you are required to take minimum distributions from your traditional IRA and are charitably inclined, you might benefit from a qualified charitable distribution (QCD).
Greed or Goodwill: Your Motive Makes a Scam Loss Deductible
Losses due to scams that rely on the victim’s greed are deductible. Losses from scams that count on the victim’s love or desire to help others are not deductible.
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.
October 2025 Tax Due Dates
- October 10: Tips for September 2025 reported to employer 
- October 15: File extended 2024 tax return (Form 1040) 
- October 15: Withdraw excess IRA contributions in 2024 to avoid penalty if filing of Form 1040 was extended 
- October 15: Contribute to solo 401(k) plan or simplified employee pension (SEP) plan for 2024 by self-employed if you received a filing extension 
November 2025 Tax Due Dates
- November 10: Tips for October 2025 reported to employer 
December 2025 Tax Due Dates
- December 10: Tips for November 2025 Reported to Employer (Form 4070) 
- December 31: Contribution to employer-sponsored retirement plan for 2025 (401(k), 403(b), 457 or federal thrift savings plans) 
- December 31: Required minimum distribution (RMD) by individuals who are 73 or older at the end of 2025 

 
 
 
 
 
 
 
             
            