first quarter tax calendar 2021

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2021. Keep in mind…

medical expense deduction

You may be able to deduct some of your medical expenses, including prescription drugs, on your federal tax return. However, the rules…

vehicle tax deductions

Are you considering replacing a car that you’re using in your business? There are several tax implications to keep in mind.

401k contribution limits for 2021

Contributing to a tax-advantaged retirement plan can help you reduce taxes and save for retirement. If your employer offers a 401(k) or…

qualifying business tax tips

If you own a business, you may wonder if you’re eligible to take the qualified business income (QBI) deduction. Sometimes this is…

wash sale selling stock

Are you thinking about selling stock shares at a loss to offset gains that you’ve realized during 2020? If so, it’s important…