IRS audit rates are historically low, according to the latest data, but that’s little consolation if your return is among those selected…

estate tax

As a result of the current estate tax exemption amount ($11.58 million in 2020), many estates no longer need to be concerned…

tax tip from laciak cpa

The business use of websites is widespread. But surprisingly, the IRS hasn’t yet issued formal guidance on when Internet website costs can…

In some cases, investors have significant related expenses, such as the cost of subscriptions to financial periodicals and clerical expenses. Are they…

working from home and claiming unemployment

COVID-19 has changed our lives in many ways, and some of the changes have tax implications. Here is basic information about two…