Augusta Rule: How to Master this Tax Loophole
The Masters Tournament, held in Augusta, Georgia, is one of the most prestigious PGA golf...
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Tax
Employee or Independent Contractor? Why you need to know the difference.
The distinction may be challenging to make sometimes, but the IRS has very strict...
IRS Estimates the Tax Gap Totals Hundreds of $$BILLIONS
If you are a small business owner, and you have never experienced an IRS audit,...
Millions of Backlogged Tax Returns
If you are one of the many people wondering what happened to the refund you...
Tax Deadline Delayed Until May 17
As of Wednesday afternoon, the Treasury Department and the IRS confirmed the...
Illinois Senior Citizen’s Assessment Freeze
Are you 65 years or older? Was your total household income in 2020 $65,000 or less? Did...
Standard Mileage Rates for 2021
Whenever you drive for business, medical purposes, a charitable organization or move...
Decrease in Standard Mileage Rates
Whenever you drive for business, medical purposes, a charitable organization or move for...
Denied Deductions for Inadequate Business Records
On October 10, 2019, the Tax Court decided a case against a business owner who...
Employer Tax Credit for Paid Family and Medical Leave
As a small business owner, there’s a lot to manage and frankly, it can be...