As predicted the House and Senate versions of the Tax Reform Legislation are drifting apart in similarity. What happens when these...

The Estate Tax and the States There is a lot of talk about eliminating and/or changing the estate tax. What is not being discussed is the...

The digital age has brought many advantages to modern society, with the continued shift into an age of digital convenience former...

If your attempt to go into business is unsuccessful. If you are an individual and your attempt to go into business is not successful, the...

Generally, you can deduct the full amount of a business expense if it meets the criteria of ordinary and necessary and it is not a...

Generally, you cannot deduct personal, living, or family expenses. However, if you have an expense for something that is used partly for...

According to the IRS, expenses available for deduction include: A business expense must be both ordinary and necessary. An ordinary...

Many new people entering the world of business miss opportunities they can deduct when starting to grow their dream. I am referring to...

As we closely follow the new tax proposals coming out of the White House, the House of Representatives and the Senate, it’s important to...