The income tax return deadline is April 18 this year. But it’s also the deadline for filing a gift tax return if you made large gifts last year. Find out if you’re required to file a 2022 gift tax return and why you may want to file one anyway.
How does a business know if advertising and marketing expenses are “ordinary and necessary” so they can be deducted on its tax return? Here’s a look at the issue.
If you want to help ensure your financial security in retirement, saving now is one of the best moves you can make. If you qualify, you still have time to contribute to an IRA or SEP and save on your 2022 tax return.
If you’re a parent, you know that children are expensive. Fortunately, there’s a federal Child Tax Credit that may help you with the expenses. Here are the current rules.
Here are some tax tips for businesses with employees who receive tips.
Breaking into a retirement plan before age 59½ may result in a penalty tax. But there are exceptions. Here are the rules, along with what happened to one taxpayer who tried to avoid the penalty because he had diabetes.
Why is it a good idea to file a tax return early? Here’s the answer to that and other filing season questions you may have.
As any parent of a college student knows, higher education is expensive. Fortunately, there are some tax breaks for eligible parents.
Have you heard ads on TV telling businesses how they can claim a huge Employee Retention Credit? It might be possible for some employers but it also might be too good to be true.
Want to save more for retirement? You might be able to with the many changes in a new law signed on Dec. 29, 2022.