Reap Tax Rewards from Securities Harvest This Fall

With autumn coming up in a couple months, it's time to think about "harvesting" capital gains or losses from sales of securities. In...

Material Participation Standard is the Key to Unlocking LLC Tax Losses

Many privately held businesses have incurred losses during the COVID-19 pandemic. Unfortunately, the federal income tax passive activity...

Tax season has started. Your tax professional is ready to prepare your 2020 federal and state returns — but are you ready? The pandemic...

Good news! Business taxpayers may still be able to take actions to lower their federal income tax liabilities for 2020, as well as for...

Goodbye, 2020. Hello, tax season. Individual taxpayers have until April 15, 2021, to pay Uncle Sam for taxes owed for 2020. (Remember,...