Taxes
What Small Business Owners Need to Know About Crowdfunding and the IRS
Before launching a campaign, make sure you understand all of the tax implications of crowdfunding.
How Should a Small Business Owner Plan for Rising Taxes?
It is hard to overestimate the pending tax burdens facing small business owners. So, what should they do?
‘IRS is Finally Answering the Phones’ But Tech Problems Persist
While IRS customer service is getting better, the agency is prone to stumble, particularly when technology is involved.
Just 10 Electric Vehicles Qualify for Full $7,500 U.S. Tax Credit
GM, Tesla, and Ford all have at least one EV that qualifies, while Ford and Stellantis have one eligible plug-in hybrid model.
2023 Readers’ Choice Awards – The Readers Have Voted!
The Readers’ Choice awards give professionals the chance to see which tech and workflows their peers use and trust, which can help them build more efficient and profitable workflows for their own practice.
Renowned CPA Fails to Prove NOLs
The Tax Court denied net operating loss carryforwards for a CPA who operated several Fuddruckers restaurants.
Using a Go-Between for 1031 Exchanges
The favorable tax treatment isn’t automatic. To avoid current tax, you and the qualified intermediary must sign a "Qualified Exchange Accommodation Agreement."
$1.5 Billion in Unclaimed Tax Refunds from 2019 Set to Expire in July 2023, Says IRS
Taxpayers usually have three years to file and claim their tax refunds. If they don't file within three years, the money becomes the property of the U.S. Treasury.