- Video: Could You Get a Tax Deduction for Your Home Office?
- There are restrictions on whether an individual can get a tax deduction for their home office. Watch this video to find out.
- Tax Court Decision Holds Potential Impact for Travel Deductions
- A case recently heard by the Tax Court was around one’s “tax home” and how it may be affected by how much time you spend in each location and how much income you generate while you’re there.
- Understanding Tax-Filing Status
- Filing status is determined on the last day of the year and most often is based on marital status. The two most prevalent are as follows:
- Analyzing Overtime Costs: A Strategic Step for HR
- Don't miss the three steps to help determine whether it's best to pay overtime or hire new staff.
- Required Minimum IRA Distributions Will Resume in 2021
- As part of the CARES Act, the requirement for older taxpayers to take required minimum distributions (RMDs) from their retirement plans was waived for 2020. This primarily was due to the anticipated drop in value for most investments as a result of the economic effects of COVID-19, which actually did not materialize.