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Are you a business owner working from home as a sole proprietor or an entrepreneur with a home-based side gig? As long as you meet certain requirements, you may qualify for sizeable home office deductions, including write-offs attributable to everyday household expenses. Read more

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Real estate markets are still surging in many parts of the country, especially in some popular travel destinations. If you're thinking about selling a vacation home that's increased dramatically in value, you might be rightly concerned about the tax hit. While the limited federal income tax gain…

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If you leave your job with company stock in your 401(k) or another qualified retirement plan account, you might wonder if there's a tax-smart move you can make with the stock. Here's some advice to achieve the optimal tax results over the long haul.

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Individual taxpayers who own appreciated vacant land should know the tax consequences before they sell or subdivide. Here's critical federal tax guidance for these individuals.

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You and your valued employees who work far from headquarters can encounter two administrative issues that possibly neither of you contemplated when the remote-working arrangement was agreed to.

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Every two years, the Association of Certified Fraud Examiners (ACFE) publishes a study detailing the costs, schemes, perpetrators and victims of occupational fraud. "Occupational Fraud 2022: A Report to the Nations" was recently released. It covers more than 2,100 cases of white-collar crime,…

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With business travel picking up again and summer fast approaching, many business owners may be mulling trips that combine work with vacation or other personal activities. A quick refresher on the IRS rules related to deducting business vs. personal travel costs can help you reduce your tax bill next…

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NYS PTET Regime
New York State pass-through entities now have an additional six months to elect into the optional pass-through entity tax.

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