What are the tax implications of winning money or valuable prizes?
If you gamble or buy lottery tickets and you’re lucky [...]
Investment swings: What’s the tax impact?
If your investments have fluctuated wildly this year, you may [...]
2023 Q4 tax calendar: Key deadlines for businesses and other employers
Here are some of the key tax-related deadlines affecting businesses [...]
IRS issues guidance on new retirement catch-up contribution rules
In December 2022, President Biden signed the Setting Every Community Up [...]
4 ways to prepare for next year’s audit
Every fall, CPAs are busy preparing for audit season, which [...]
Retirement account catch-up contributions can add up
If you’re age 50 or older, you can probably make [...]
Inheriting stock or other assets? You’ll receive a favorable “stepped-up basis”
If you’re planning your estate, or you’ve recently inherited assets, [...]
Nonprofits: Special events call for tax planning
Tax reporting may be the last thing on your mind [...]