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Because of the economic impact of inflation, many companies may need to conserve cash and not buy much equipment. As a result, you may not

For many people, December 31 means a New Year’s Eve celebration. However, from a tax perspective, it’s a key date in determining the filing status

Many rules can potentially apply to the sale of business property, but what are the tax consequences? For simplicity, let’s assume that the property you

With the holidays and year-end approaching, you might be considering making gifts of stock or cash to family members and other loved ones. By using

A check kiting scheme relies on “float” time, which is the period between when a check is deposited and when the bank collects the funds

If you’re planning to sell stock or other securities at a loss to offset gains you realized earlier in the year, beware of the “wash

If your business receives large amounts of cash or cash equivalents, you may be required to report these transactions to the IRS. Here are some

If you have a parent entering a nursing home, taxes are probably the last thing on your mind. But you should know that several tax

Businesses need to have inventory on hand. But having excess inventory is expensive, so it’s important to keep it as lean as possible. Here are

If your employee benefits include group term life insurance paid by your employer, a portion of the premiums paid for the coverage may be taxable.