Help in Deciding Between a Hobby or Business
As appearing in IRS Tax Tip 2025-42
Hobbies and businesses are treated differently when it comes to filing taxes. The biggest […]
As appearing in IRS Tax Tip 2025-42
Hobbies and businesses are treated differently when it comes to filing taxes. The biggest […]
As appearing in IRS Tax Tip 2025-35
When a taxpayer can’t pay their full tax debt or if paying would cause […]
As appearing in IRS IR-2025-26
Earlier this year, the Internal Revenue Service announced its annual
By purchasing stock in certain small businesses, you can diversify your investment portfolio. You also may enjoy preferential tax treatment, some of which is getting even better […]
Divorce is stressful under any circumstances, but for business owners, the process can be even more complicated. Your business ownership interest is often one of your largest […]
Small businesses often lack financial resources to defend against cyberthreats, but you don’t need a large IT budget. Simple, cost-effective habits can help […]
If you make quarterly estimated tax payments, the amount you owe may be affected by the One Big Beautiful Bill Act (OBBBA 2025). The law, which was enacted on […]
One of the most contentious issues when valuing businesses is how to factor elements of control into the equation. Users of valuation reports often assume a controlling […]
If you own an unincorporated small business, you may be frustrated with high self-employment (SE) tax bills. One way to lower your SE […]
As appearing in IRS Tax Tip 2025-05
Business taxpayers can file electronically any Form 1099 series information returns for free with […]