Read the industry’s latest on all things tax — how tos, tax news, practical tips, industry updates, and everything in between.
In the ever-evolving business landscape, one of the critical decisions that must be made is hiring a CPA for your small business. The role of a Certified Public Accountant (CPA) in this context…
IRS Form 1098-T, or the Tuition Statement, is a tax form used to report tuition and other related expenses to the Internal Revenue Service (IRS) and the student or taxpayer. This form is used to…
IRS Form 1120, also known as the U.S. Corporation Income Tax Return, is a tax form domestic corporations use to report their annual income, gains, losses, deductions, and credits to the Internal…
IRS Schedule B is a form used to report interest and ordinary dividends received by a taxpayer during the tax year. Individuals, estates, and trusts typically use this form. Interest income is…
IRS Schedule F, also known as Form 1040, is a tax form used to report profit or loss from farming. This includes income from raising livestock, growing crops, and other farming operations. The…
When a person sells their principal residence, specific tax implications must be considered. Under Internal Revenue Code (IRC) Section 121, a taxpayer may exclude up to $250,000 ($500,000 for…
We help you solve your tax issues once and for all so you can get back to your family, your passion project, your business, or maybe even an actual mountain. Whatever it is, it's time to live again.
