For federal income tax purposes, the general rule is that rental real estate losses are passive activity losses (PALs). An […]

Suppose your adult child or friend needs to borrow money. Maybe it’s to buy a first home or address a

Staying compliant with payroll tax laws is crucial for small businesses. Mistakes can lead to fines, strained employee relationships and

Have you ever invested in a company only to see its stock value plummet? (This may become relevant in light

When it’s time to consider your business’s future, succession planning can protect your legacy and successfully set up the next

There are some nice tax breaks for transportation-related employee fringe benefits. If your employer offers these tax-favored fringes, you should

Are you starting a business with partners and deciding on the right entity? An S corporation might be the best choice

If you made significant gifts to your children, grandchildren or other heirs last year, it’s important to determine whether you’re

Prior to the enactment of the Tax Cuts and Jobs Act (TCJA), businesses were able to claim a tax deduction