- With the Potential Higher Capital Gains Rate Looming Interest in Opportunity Zone Funds Renews
- The U.S. Treasury recently released the Biden administration’s 2022 Fiscal Year Budget, that includes a general explanation of the administration's 2022 revenue proposals. The publication is commonly referred to as the “Green Book” and outlines the Biden administration’s tax proposals. Keep in mind these are proposals and will have to be passed by Congress.
- Basic Guide to Taxes for Freelance Writers and Self-Published Authors
- There are very specific tax considerations for people who earn money as freelance writers or self-published authors. Here’s a breakdown.
- Small Businesses: Here's How the U.S. Supreme Court Wayfair Decision Affects You
- The Supreme Court’s Wayfair decision in 2018 forever impacted the tax liabilities of businesses who sell across state lines.
- Video Tip: A Quick Look into Higher Education Tax Credits
- Watch this video for more information about federal tax credit opportunities for higher education.
- Businesses Have 60 Days to Notify the IRS of Changes in Contact Information and Responsible Party
- The Internal Revenue Service (IRS) is reminding entities with Employer Identification Numbers (EINs) of their responsibility to update that information whenever the contact information or responsible party changes. IRS regulations require EIN holders to update responsible party information within 60 days of any change. Notifying the IRS of those changes is easily accomplished by filing Form 8822-B, Change of Address or Responsible Party – Business.