What happens when lawmakers enact a new tax? It starts small. It looks easy. In 1935, the self-employment tax topped out at $60. Those 1935

As you know, tax credits are the best. Suppose your business hires a member of a targeted group. In that case, you can claim the

When you know the rules related to business mileage, you protect yourself in the event of an IRS audit, and pay less tax. Take Henry,

Question I’m a CPA in private practice. Please help me clarify my lifelong question regarding rental real estate and the entity structure that would allow

The federal Rehabilitation Tax Credit, or rehab credit, offers significant financial incentives for owners or leaseholders of historic buildings to renovate those structures. What’s the

You take Bill, your best customer, to the local country club and treat him to 18 holes of golf. The golf produces a zero deduction.

As a subscriber (member), you know that we try to find multiple ways for you to legally deduct 100 percent if your business meal expenses