Lawmakers are considering potential new taxes that could lead businesses to consider changing their structure from an S-Corp to a C-Corp.
For some businesses, one of the most valuable tax benefits available is the deduction for qualified business income.
SECURE Act regulations, the SALT deduction, and Roth IRA strategies were among the leading tax topics raised by financial advisors at a recent webcast.
The IRS is proposing new rules for retirement account distributions including changes to the requirements of the 10-year rule for heirs.
Many states are passing laws that allow certain business owners to bypass the SALT cap when filing their federal income tax return.
Many taxpayers are receiving a new child tax credit form from the IRS to complete for their 2021 filing.
With the prospect of higher rates on the horizon here are some strategies for investors to consider now.