5 tax moves to make this August
5 tax moves to make this August

This month is a good time to make some tax moves that could save you some (or more)...

TAX PENALTY-AFTER EXTENSION
TAX PENALTY-AFTER EXTENSION

Interest Interest accrues on your unpaid balance and compounds daily from April 18 (which was the tax deadline for most...

Some state refund recipients should amend their federal tax returns
Some state refund recipients should amend their federal tax returns

Residents in 21 states got some good news from the Internal Revenue Service earlier this year. In 2022,...

Family business tax considerations
Family business tax considerations

Some of the world's largest companies are family owned. Yes, we're looking at you, Walmart. But the real...

IRS has changed the mileage rules
IRS has changed the mileage rules

To meet the strict substantiation requirements for deducting vehicle expenses underIRC section 274(d), a taxpayer must have adequate...

Tax tips for first-time filers
Tax tips for first-time filers

The Internal Revenue Service receives tax returns from millions of Americans each year. They're all first-time filers. Whether...