If you’re self-employed, you probably have questions about deducting business expenses on your federal income tax return. Here’s a quick overview of the filing requirements for sole proprietors and independent contractors, and five examples of […]
When a marital estate includes a closely held business, the value of goodwill often becomes a contentious issue. Goodwill is an intangible asset that can have […]
If you participate in a company 401(k) plan, you already know that you can make pre-tax contributions up to the annual elective deferral limit to a traditional, tax-deferred account. If your 401(k) plan offers a […]
Many modern businesses rely on intangible assets, such as goodwill, trademarks and customer lists. But the IRS doesn’t treat all intangibles the same way. Questions about how these assets are taxed often arise when a […]
Research by the Association of Certified Fraud Examiners (ACFE) and others has consistently found that some industries suffer higher […]
Tax scammers continue to target taxpayers through email, text messages, phone calls and regular mail. They often try to create urgency or fear to trick victims […]
Business disputes often involve more than determining who was at fault — they also require measuring the financial harm caused by a particular action or event, […]
Some small business owners overlook Roth IRAs because they assume their income is too high for them to qualify to make Roth contributions. Others may think their current tax rate is higher than it will […]
If you give artwork to charity, the deduction you can claim depends on several factors, including the type of organization receiving the piece and how it […]
Occupational fraud often starts with an employee’s small behavioral change. For example, a salesperson might suddenly download an unusually large amount of customer data. Or an accounting staffer might access vendor records outside of normal […]
