Pension Plan Limits for 2017 Announced by IRS

January 1, 2017. The Internal Revenue Service released 2017 tax year cost of living adjustments for pension plans and other retirement-related items. Here is a summary of the more significant items for 2017.

IRS Changes Installment Agreement Fees Effective 2017

Under the fee schedule, the highest fee goes up while new online options offer discounts.

The Top Tax Deductions for Your Small Business

Using these tax deductions for your small business can save you money.

Deducting "Ordinary and Necessary" Business Expenses

Understand how to reduce your business taxes by deducting your business expenses.

Current vs. Capital Expenses

When you may deduct a given expense depends in part on whether it is considered a current or capital expense.

Which Type of Business Entity Needs an Employer Identification Number (EIN)?

Find out if your business needs an EIN and how to get one.

Paying Estimated Taxes

Independent contractors and self-employed workers have to pay estimated taxes every quarter - find out how.

Internet Sales Tax: A 50-State Guide to State Laws

Learn the rules for your state about paying sales tax on Internet sales.

50-State Guide to Business Income Tax

Information on small business income tax in every state.

How to Deal With the IRS if Your Small Business Has Tax Debt

If your small business owes taxes, how should you handle the IRS?

Checklist: How to Survive a Tax Audit

In an audit, you must convince the IRS that you reported all of your income and were entitled to all credits, deductions, and exemptions.

Top Ten Tax Deductions for Real Estate Agents

Don't miss out on these most valuable business tax deductions.

Husband and Wife Real Estate Agent Team: Beware the Tax Issues

There are very different tax election options for married couples who work together. Make sure you understand your choices.