- 3 min
As long as they’re doing legitimate work for your business you can hire your kids.
You can hire your kids and pay each of them up to $12,000 per year tax-free. If you hire your son to stuff envelopes and your daughter to...
- 2 min
Student Loan Discharge by the IRS
The Internal Revenue Service and Department of the Treasury issued Revenue Procedure 2020-11 that establishes a safe harbor extending relief
- 2 min
How to handle the Gig Economy Taxes
The gig economy, also called sharing or access economy, is defined by activities where taxpayers earn income providing on-demand work, servi
- 2 min
IRS outlines changes to health care spending available under CARES Act
The Internal Revenue Service has advised that new rules under the CARES Act provide flexibility for health care spending that may be helpful
- 4 min
Opportunity Zones are the new Retirement Accounts
The Tax Cuts and Jobs Act included changes for businesses and individuals. One of these is the creation of the Opportunity Zones tax...
- 2 min
Four common tax errors that can be costly for small businesses
A small business owner often wears many different hats. They might have to wear their boss hat one day, and the employee hat the next.