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Work Opportunity Tax Credit

Even in a tight labor market, some job seekers have trouble finding employment due to such factors as long-term unemployment, veteran status, disability and former incarceration. >>

Are you and your spouse considering “splitting” gifts?

Gift splitting can be a valuable estate planning tool, allowing you and your spouse to maximize the amount of wealth you can transfer tax-free. But in >>

Most tax-exempt organizations must file certain 2021 returns with the IRS by May 16, 2022

Most tax-exempt organizations must file certain 2021 returns with the IRS by May 16, 2022. Last week, the IRS reminded calendar year not-for-profits of this deadline >>

Offering summer job opportunities? Double-check child labor laws

Spring has sprung — and summer isn’t far off. If your business typically hires minors for summer jobs, now’s a good time to brush up on >>

Selling mutual fund shares: What are the tax implications?

For tax purposes, the rules involved in selling mutual fund shares can be complex. If you sell appreciated fund shares that you’ve owned for more than >>

What estate planning strategies are available for non-U.S. citizens?

Are you, or is your spouse, a non-U.S. citizen? If so, several traditional estate planning techniques won’t be available to you. However, if you’re a U.S. >>

Is your organization passing up COVID-19 related tax breaks?

Is your organization passing up COVID-19 related tax breaks? Possibly. Even as the pandemic wanes, Sec. 139 of the Internal Revenue Code remains in effect. It >>

The next time you contact the IRS, your call or online text might be received by a voice or chat bot. The IRS is now employing >>

Defined-value gifts: Plan carefully to avoid unpleasant tax surprises

For 2022, the federal gift and estate tax exemption has reached its highest level ever. In fact, you can transfer up to $12.06 million by gift >>