Do you have to file a Schedule C?
If you received a Form 1099-NEC, Nonemployee Compensation , for a payment received as a result of a one-time event, are you required to...
Three Important Changes to the Earned Income Credit
Three important changes to the EIC guidelines make this credit a potentially exciting option for more tax payers. First, for 2021,...
Deduct Your Donations
Even if you use the Standard Deduction. Ordinarily, if you choose to claim the standard deduction, you cannot deduct your charitable...
Year-End 2021 Tax Tips
Here are some things to consider as you weigh potential tax moves before the end of the year. Accelerate Deductions Look for...
Is Your Business Eligible for the Research and Development Tax Credit?
Has your business encountered and solved technological challenges in recent years? Maybe you invested in software development,...
Company Stock and Your Retirement Strategy
The opportunity to acquire company stock — inside or outside a workplace retirement plan — can be a lucrative employee benefit. Your...
Reasons to Keep Your Personal and Business Finances Separated
If you are launching a new business venture, you may wonder whether it's necessary to open a dedicated bank account for your business....
New Changes to College Financial Aid and Education Tax Benefits
In late December 2020, Congress passed the Consolidated Appropriations Act, 2021, another relief package in response to the pandemic. The...
Key Retirement and Tax Numbers for 2021
Every year, the Internal Revenue Service announces cost-of-living adjustments that affect contribution limits for retirement plans and...
Five Tips to Regain Your Retirement Savings Focus in 2021
In early 2020, 61% of U.S. workers surveyed said that retirement planning makes them feel stressed. Investor confidence was continually...
