It’s become almost a matter of course: If you are running for public office, you are expected to release your tax return each year. This is especially true if you are running for “higher” offices. Most mayoral candidates aren’t expected to release their tax returns, but if the candidate […]
Sometimes, travel is necessary in order to improve your business. The good news is that the IRS allows you to deduct many of the expenses that come with your business-related travel.
You do need to be careful, though. Make sure that your expenses are truly related to business, and that […]
As you complete your tax planning for this year (and continue to plan for the future), it is important to take the time to consider the many advantages associated with utilizing a Health Savings Account (HSA). If you are looking for additional ways to lower your taxable income through tax-advantaged savings account, […]
Home foreclosures are still a major problem around the country with foreclosure starts jumping nearly 20% from July through August according to a report by Lender Processing Services. If losing a home is not one of the worst things that can happen, to add insult to injury, a taxpayer may owe Federal and/or […]
Stock options are a common way to compensate employees or retain employees. A stock option is a benefit given to an employee whereby the employee can purchase a certain number of shares of their company’s stock in a specific time frame at an established price. Stock options often cost a […]