Category Archives: Individual Tax Resources

Consolidated Appropriations Act 2021 – Individual Provisions

On Sunday, December 27, 2020, the President signed into law one of the longest bills [...]

“Last-Minute” 2020 Year-End Tax-Saving Moves for Individuals

There are only a few days left before the year ends, but here are some [...]

CARES Act Part 2 – Individual Provisions

On Friday, the President signed into law the CARES Act. This legislation contained very significant [...]

Families First Coronavirus Response Act (FFCRA) – Effective April 1, 2020

PAID LEAVE The Families First Coronavirus Response Act was Phase 2 of the government’s plan [...]

The IRS is targeting business transactions in bitcoin and other virtual currencies

Bitcoin and other forms of virtual currency are gaining popularity. But many businesses, consumers, employees [...]

Businesses can utilize the same information IRS auditors use to examine tax returns

The IRS uses Audit Techniques Guides (ATGs) to help IRS examiners get ready for audits. [...]

Tax-smart domestic travel: Combining business with pleasure

Summer is just around the corner, so you might be thinking about getting some vacation [...]

Taxpayers should include tax plans in their wedding plans

Couples getting married this year know there are a lot of details in planning a [...]

Hire your children this summer: Everyone wins

If you’re a business owner and you hire your children (or grandchildren) this summer, you [...]

What type of expenses can’t be written off by your business?

If you read the Internal Revenue Code (and you probably don’t want to!), you may [...]