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Taxes
LLC vs. Corporation: How to Decide for Your Business
Choosing between an LLC and a corporation can affect how you pay taxes, raise money,…
Tax Deferred vs. Tax Exempt Retirement Accounts
The most common form of retirement account is tax-deferred. This refers to portfolios which allow…
Spending Bill Has Something For Everyone, Including An Extension For Beneficial Ownership Information Reports
As the clock continues to tick down, Congressional leaders have finally released the text of…
Trump Picks Former Representative Billy Long As Next IRS Commissioner
President-elect Donald Trump announced he has tapped former Congressman Billy Long as Commissioner of the…
House Passes Terrorism Bill Targeting Nonprofits, Despite Concerns About Overreach
Last week, the House of Representatives rejected H.R. 9495, Stop Terror-Financing and Tax Penalties on…
How Senate Rules Could Slow Down Any GOP-Trump Tax Cuts
Soon after the 2024 elections results rolled in, the speculation began about what they might…
In Lawsuit Settlement Agreements, Tax Language Is Very Important
Almost every legal settlement includes a full release of claims. A release may recite some…
What Will Happen To Trump’s Tax Policy Agenda?
Donald Trump’s return to the White House combined with Republican control of the Senate, and…
State Election Outcomes Mixed On Property Tax, Cannabis, And Other Ballot Measures
While federal tax questions have dominated the headlines this election cycle, state and local taxes…
Former IRS Commissioner Cites Missed Opportunity In State Of The Union Address
Days after President Biden delivered his address on the State of the Union, people are…
Federal Agencies, Including IRS Criminal Investigation, Tout Money Mule Awareness
An exciting vacation to Thailand takes a turn in the movie “Brokedown Palace” when Alice,…
What Is the Tax Underpayment Penalty and How Can It Be Avoided?
Understanding tax payments and the potential repercussions of underpayment is crucial. The tax underpayment penalty…
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