Sarah DmytrykMar 14, 20232 minThe 2022 gift tax return deadline is coming up soonApril 18 is the deadline for filing a gift tax return if you made large gifts last year. Are you required to file one? You may want to.
Mike HawkinsMar 14, 20232 minChanges in Sec. 174 make it a good time to review the R&E strategy of your businessA tax law passed in 2017 makes a major change to Section 174 research and experimental (R&E) expenses. Here’s what it might mean for you.
Sarah DmytrykMar 1, 20232 minAwarded money in a lawsuit or settlement? It’s only tax-free in certain circumstancesIf you receive a personal injury settlement or award, do you have to pay tax on it? Here are the rules, along with two example court cases.
Cassady SchillerFeb 27, 20232 minBuying a new business vehicle? A heavy SUV is a tax-smart choiceAre you a business owner thinking about buying a vehicle to use in your enterprise? Here’s an option that may save you taxes this year.