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Tag: tax


Tax Code, Regulations and Guidance

Avoid a 2018 Tax Penalty

January 3, 2019

Via: Investopedia

The chance you underwithheld on your taxes in 2018 may be higher than you think. A 2018 report by the Government Accountability Office (GAO) suggests that 21% of taxpayers, more than 30 million people, may owe taxes due to underwithholding […]


Tax Code, Regulations and Guidance

It Pays to Keep Tabs on Indirect Taxes

December 17, 2018

Via: Strategy Business

Although topics such as U.S. tax reform and the taxing of digital transactions are rarely out of the news lately, there is another kind of tax that governments are using increasingly, and companies would do well to pay more attention […]


Tax Code, Regulations and Guidance

Tax Deductions 2018: 42 Tax Write-Offs You May Not Know About

December 4, 2018

Via: Entrepreneur

You might not want to hear this, but it’s already time to start thinking about tax preparation. Although April feels far away, the earlier you begin planning your tax filing, the more likely it is you’ll take advantage of all […]


Tax Code, Regulations and Guidance

Supreme Court hears arguments on Oklahoma jurisdiction in ‘Indian territory’

November 28, 2018

Via: Jurist

The US Supreme Court on Tuesday heard oral arguments in a case concerning an appeal of class action status and a capital case challenging Oklahoma’s jurisdiction over a crime committed in Native American territory. The first case, Nutraceutical Corp. v. […]


Tax Code, Regulations and Guidance

How Will New Tax Laws Impact Cyber Monday?

November 21, 2018

Via: FindLaw

In June 2018, the United States Supreme Court ruled that states should impose some sort of remote tax laws on local retailers that sell their wares online to people out of state, tossing out the old legal threshold of “physical […]


Tax Code, Regulations and Guidance

Tax Breaks for Second-Home Owners

November 16, 2018

Via: Investopedia

If you’re thinking about buying a second a home to use for vacations, rental income or a place to call home during retirement, it makes financial sense to take advantage of all the available tax breaks. The cost of ownership, […]


Tax Code, Regulations and Guidance

When to File an IRS Schedule F Form

November 15, 2018

Via: Investopedia

If you are a farmer and your farming business is a sole proprietorship, you must file Schedule F to report your business’s net profit or loss for the tax year. Livestock, dairy, poultry, fish and fruit farmers as well as […]


Tax Code, Regulations and Guidance

Cannabis Companies Generously Support Their Communities But Don’t Get to Deduct It From Their Taxes

November 13, 2018

Via: Entrepreneur

As we come into the home stretch of 2018, the cannabis industry is thinking about big important things. You know… MJBizCon in Las Vegas, the upcoming holidays, end-of-year tax planning. Rest assured, the last group is smallest by far. But […]


Tax Code, Regulations and Guidance

How to Get the Most Out of a 401(k) Program

November 8, 2018

Via: Investopedia

People are increasingly on their own when it comes to providing for their retirement. Traditional pensions are all but unheard of now, outside of the civil service or heavily unionized industries; both employers and the government have increasingly transferred more […]


Tax Code, Regulations and Guidance

Circuit Hears Debate on Clergy Housing Tax Break

October 26, 2018

Via: FindLaw

It turns out that taxes are not certain — particularly when it comes to religion. Judge Barbara Crabb made that point in Gaylor v. Mnuchin, when she said a tax break for the clergy is unconstitutional. Now the U.S. Seventh […]