Deducting Your State Income Taxes with a Pass-Through Entity
Many states have adopted an optional pass-through entity (PTE) tax that effectively enables some business owners to deduct state income tax on their business income without limit.
New Tax Reporting Rules Start in 2022 for Payments by PayPal and Other Third-Party Payment Providers
In the past, the IRS often didn't know about payments made through PayPal or similar services. But in 2002, new tax reporting rules took effect.
Uber Drivers are Contractors Not Employees According to the NLRB
The decision means Uber drivers have no federal right to unionize but doesn't impact other lawsuits under state and federal tax and employment laws.
Do Landlords Need to File Form 1099-NEC?
All landlords should file Form 1099-NEC to qualify for important tax benefits, including the 20% pass-through deduction.
The Tax Cuts and Jobs Act: What Are the Key Changes for Individuals in 2024?
Here are some of the most important changes for your personal taxes under the Tax Cuts and Jobs Act.