Use your best estimates for the year ahead to determine how to complete Form W-4 so you don't have too much or too little federal income...

The IRS has once again warned taxpayers to be "wary" of criminals who solicit donations while posing as legitimate charities. (IR...

Because you must pay tax on the conversion as if the traditional IRA had been distributed to you, converting makes the most sense when...

The IRS has cautioned taxpayers to be on the alert for promotions involving "exaggerated art donation deductions" that are aimed at...

You can deduct the greater of your itemized deductions (mortgage interest, charitable contributions, medical expenses, and taxes) or the...

If your income is likely to be much higher in 2023 than it was in 2022, you should consider adjusting your Federal income tax withholding...

If you conduct your business as a sole proprietorship or using a pass-through entity (S corporation, partnership, or LLC classified as...

The IRS has released the 2023-2024 per diem rates for substantiating employee business expenses under IRC Sec. 274(d) for lodging, meals,...

Generally real estate activities are categorized as passive activities. Passive loss has the disadvantage that passive loss can only...

The IRS has provided tax relief for victims of Hurricane Idalia. The relief is provided for affected individuals and businesses in 46 of...