Despite some drawbacks, compensating board members may make sense for your nonprofit. But be careful to follow all applicable rules and regulations. Learn more....
For owners of vacation homes, now is a good time to review year-to-date rental vs. personal use of the home. Adjusting use now might be beneficial. Here's why....
Estate planning and investment risk management go hand in hand. One of the best ways to reduce your investment risk is to diversify your holdings....
Does your business use independent contractors? Could the IRS reclassify them as employees and subject you to back taxes, interest and penalties? Find out here....
New rules apply to the educator expense deduction. The TCJA has made significant changes to many deductions for individuals; learn the facts here....
Not-for-profits use special events to raise large amounts in a short period of time, but they don't always meet their fundraising goals. Is it time to rethink?...
Lifetime gifts provide significant benefits, whether your estate is taxable or not. We have 3 reasons why making gifts is an important part of estate planning...
Offering a retirement plan can provide your business with valuable tax deductions and help you attract and retain great employees....
If you're considering a licensing arrangement, will the partnership really will generate funds and, maybe more important, a positive impression of your brand?...
If you gamble be sure you understand the tax consequences. Both wins & losses can affect your income tax bill. And changes with the TCJA could also have impact....