Insights

If you earn income as a freelancer, independent contractor, or from a side gig, you'll likely do so as a sole proprietor or single-member LLC and report your income on a Schedule C. Learn more about these types of entities and the Schedule C in this article.

Adding your kids to your bank account or home deed can create a host of legal, financial, and tax issues that can leave you and your loved ones vulnerable to significant risks and losses. Learn about the issues and alternative solutions to help you achieve your estate planning goals.

Do you know if your employees are eligible for FMLA leave? In this article, get the inside scoop on the employee thresholds and leave provisions.

Discover the key considerations when deciding whether to file taxes jointly or separately as a married couple, including the impact of state laws, deductions, and retirement account savings. Make an informed decision to minimize your tax liability and maximize your financial benefits.

Starting in 2024, tax credits for electric vehicles could be transferred to dealers, reducing the vehicle's purchase price. The proposal aims to expand EV adoption by offering immediate financial benefits and broadening the pool of eligible consumers.

IRS declares immediate moratorium on processing new claims for Employee Retention Credit due to concerns of scams and improper claims, urging businesses to seek advice from trusted tax professionals.

Get ready for the end of the student loan payment suspension and discover the new SAVE plan, a restructuring of student loan repayments that offers expanded eligibility, reduced payments, and greater income protection.

While inheriting an IRA can be a boon, it's crucial to understand the rules governing it to avoid unnecessary taxes or penalties. 

The home office deduction offers a valuable tax break for the self-employed, freelancers, and independent contractors. Learn about the deduction and how it may reduce your tax liability.

In the landmark case of Moore v. United States, the taxation of unrealized gains will be tested, with far-reaching implications for taxpayers. Discover how this crucial legal battle could change the way investment income is taxed and what it means for your financial future.

Employee burnout can have devastating effects on your business, leading to increased turnover, decreased productivity, and low employee satisfaction. This article provides valuable insights on how to proactively identify and address burnout, offering practical solutions to promote a positive work environment and improve overall team performance.

Is your LLC really protecting your personal assets? Learn about the situations where an LLC may not fully safeguard your assets and discover practical measures to avoid them.