Insight Tag: Tax

Don't let routine bookkeeping responsibilities result in an unexpected (and negative) tax season surprise.

Don't leave R&D tax credits on the table.

What does the $2 Trillion COVID stimulus package buy the American people?

How Real Estate Losses Can Help Offset Your Income For Tax Purposes Real estate rental activity income or loss is considered passive activity income or loss. The passive activity loss rules provide that passive losses can only be used to offset passive income. Consequently, those losses may be limited. If you and your co-owners have … Continued

Thanks to the coronavirus, taxpayers have more time to pay their taxes. Learn more.

Wondering about an organization's tax-exempt status? Wonder no longer! The Tax Exempt Organization Search tool on the IRS website is here to help.

How A Well-Maintained Balance Sheet Can Help You Decide This can be a hectic time for you as you work to close the books on the previous year while strategically plan for the year ahead. For me, this is the time of year I find myself fielding questions from clients who want to know if … Continued

The qualified business income deduction was created to provide savings opportunities for flow-through entities and sole proprietors. Do you know how it works?

Now that the first tax season is over, how did the TCJA affect you? It will depend on a variety of factors, including your earnings, filing status, dependents and ages, and where you live. Read on to learn more.

Like so many others, did you underpay your estimated taxes or not have enough federal income tax withheld? The IRS is waiving the penalty.