Help Me With COVID Credits For The Self-Employed

Taxpayers who receive payments as independent contractors or make payments to contractors are probably familiar with Forms 1099-NEC and 1099-MISC. For as long as any of us can remember, the filing threshold for these forms has been $600. This was the original...

Learn how IRS postmark rules and USPS timing changes affect tax filing deadlines. Avoid penalties with certified mail and compliance best practices.

Get the latest IRS updates on Qualified Passenger Vehicle Loan Interest deductions. Learn how personal use rules impact eligibility and maximize deductions.

We expect to see more guidance on some provisions, but for tax year 2025, some claims will require some extra work and some extra diligence.

For the 2025 through 2028 taxable years, eligible taxpayers may be able to deduct up to $25,000 of qualified tips from taxable income on their return. Learn how

OB3 made important updates to 529 college savings plans and if you're a tax pro or a parent, you need to understand how these changes affect you

Discover how the OB3 Act resets bonus depreciation, expands §179 expensing, and impacts asset acquisition and planning for the 2025 tax year.

The world of real estate taxation is characterized by a complex array of tax rules that range from relatively straightforward to highly complex. Today, we will take a moment to delve into the intricacies of UPREIT transactions. If you are only looking for the tax...

What if we told you that parts of your building could be depreciated faster, leading to significant tax savings? Learn about real estate cost segregation here