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April 18 isn’t only the income tax return deadline. It’s also the gift tax return deadline for people who made large gifts last year. Find out if you’re required to file a 2021 gift tax return this April. (Note: you may want to file one anyway).

If you own your own business, the rules for deducting a spouse’s travel costs are very restrictive. Here are the rules.

If you’re deducting a charitable contribution on your tax return of $250 or more, you need a written acknowledgment from the charity. What if you haven’t yet received a letter for a charitable donation you made in 2021? Here are the rules.

Dividends paid out by corporations are taxable to shareholders and can’t be deducted by the corporation. But there might be ways to get cash out of your corporation without dividend treatment. Here are some approaches.

In general, married couples who file jointly save more money on taxes than those who file separate returns. However, there are situations when filing separately is a better option.

Many small businesses operate as sole proprietorships. Here are eight tax issues involved in operating as this entity.

A careful approach to keeping business records can protect your tax deductions and help make an IRS audit much less difficult. Here are two cases to illustrate some of the issues involved.

Traditional or Roth IRA? Here are the differences in these retirement savings accounts.

Help speed processing and avoid hassles this tax season with these tips.

Entrepreneurs be aware: Not all start-up expenses can be deducted on your federal tax return right away. Some may have to be amortized over time.

Steer clear of these scary tax preparers.

Want to get your tax return sooner and protect yourself from tax identity theft? File your tax return early.

How much can your employees contribute to 401(k) plans this year? How much will your business be able to deduct for business meals, driving expenses and equipment in 2022? Here are the answers to these and other questions about tax inflation adjusted amounts and other changes affecting businesses.

Owners of restaurants and bars have had a rough couple of years due to the pandemic. Keep in mind that employers in the food and beverage industry may be eligible for a valuable tax break with the FICA tip credit. Here’s how it works.

How much can you contribute to a 401(k) plan for 2022? How much is the standard deduction? How much do you have to earn this year before you can stop paying Social Security on your salary? Here are some answers to these and other tax-related questions for 2022.

One of your new year’s resolutions may be to take better care of your health. But can you deduct your out-of-pocket medical costs on your tax return?

With real estate prices up in some markets, the “like-kind” exchange strategy may be attractive if you want to sell commercial or investment real estate.

Many people have become gig workers to earn extra money through online platforms. Find out more about the tax implications of these jobs.

The price of gas is up about $1 a gallon from a year ago. How does this affect the amount your business can deduct for business driving in 2022?

College is expensive and you may have taken student loans to pay for it. Can you deduct the interest you pay on these loans? Here are the rules.

Businesses face a variety of tax-related deadlines in the first quarter of 2022. Here are some of them.

You may be busy this holiday season. But don’t forget to review your portfolio to see if you have any stock you want to sell by Dec. 31 to save on taxes.

Providing a company car to executives at your business is a prized perk. Here are the basic tax rules involved in this fringe benefit.

Before you know it, we’ll be ringing in 2022. You may still have time to reduce your 2021 federal tax liability by taking these steps.

If you’re going to receive a personal injury or discrimination settlement or award, you want the best tax result possible. Here are the basic rules of when amounts are tax free or taxable.