Taxes December 6, 2025
With an S corporation, the owners are of the business essentially taxed like partners in a partnership. In contrast, C corporation owners must cope with “double taxation” where income is first taxable to the corporation and then distributions are taxed to the owners.
Taxes December 6, 2025
With an S corporation, the owners are of the business essentially taxed like partners in a partnership. In contrast, C corporation owners must cope with “double taxation” where income is first taxable to the corporation and then distributions are taxed to the owners.
Taxes December 3, 2025
The IRS says planning early is extra important this year because of major changes, such as the One Big Beautiful Bill Act, which can significantly affect federal taxes, credits and deductions.
Payroll December 3, 2025
The government will make a one-time $1,000 pilot contribution to the account of each child who is a U.S. citizen born on or after Jan. 1, 2025, through Dec. 31, 2028.
Accounting December 3, 2025
Stephen Hochberg, 77, who was an accounting and real estate executive in Sudbury, MA, was recently charged by the feds and has agreed to plead guilty to perpetrating the multi-year scheme.
Taxes December 2, 2025
President Donald Trump made the bold claim about an income tax-free America during a Dec. 2 Cabinet meeting, after touting the impact of his trade policies and potential “dividend” stimulus checks.
Taxes December 1, 2025
Citing the "hundreds of billions of dollars" the U.S. is receiving in tariff revenue, President Donald Trump said his administration could completely eliminate the income tax in the U.S. over the next couple of years.
Taxes December 1, 2025
The measure, which was filed with the attorney general’s office in October and opposed by Gov. Gavin Newsom, would impose a one-time 5% tax on Californians with assets worth $1 billion or more.
Taxes December 1, 2025
The son of former President Joe Biden has been a member of the bar in Connecticut since 1997, a year after graduating from Yale Law School.
Taxes December 1, 2025
The latest numbers from the Tax Foundation show that Wyoming is the most taxpayer-friendly state, Montana is 6th, and Idaho is 9th. But Washington coming in near last at 45th is a cause for concern.
Income Tax November 27, 2025
An easy calendar with no log-in or financial data needed to see an estimate of when you may receive your income tax refund, based on when you file.
Taxes November 26, 2025
The Republican senator from West Virginia and his wife owed the $5.2 million going back to at least 2009. The Justice Department sued Nov. 24 to collect the money, and the Justice family agreed hours later to pay up.
Taxes November 23, 2025
With this complex issue, the state needs to proceed with caution and learn from what happens in states without an income tax, a professor of economics says.