Take Advantage of Gift Tax Exclusion Rules As we head toward the gift-giving season, you may be considering giving gifts of cash or securities to your loved ones. Taxpayers can...
Selling securities by year end? Avoid the wash sale ruleIf you’re planning to sell assets at a loss to offset gains that have been realized during the year, it’s important to be aware of the...
The “kiddie tax” hurts families more than ever Years ago, Congress enacted the “kiddie tax” rules to prevent parents and grandparents in high tax brackets from shifting income...
Businesses and Rental Property owners: Get ready to consider your 1099-MISC reporting requirementsA month after the new year begins, your business may be required to comply with rules to report amounts paid to independent contractors,...