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A federal audit of 124 U.S. taxpayers claiming biofuel tax credits revealed that as many as 42 of them ? or roughly one-third ? failed to submit the proper paperwork and should no...
The federal government has started to reclassify cannabis. When, and if, that reclassification is finalized, licensed cannabis businesses should see dramatically higher after-tax...
Nonprofit entities play an ever-growing role in our society, including assisting people in need to building communities, from protecting animals to aiding our environment, and attending...
It may cause trouble down the line If your client is audited.
Inheritance is generally not subject to state or federal income tax. However, the growth in value of inherited assets may be subject to state and federal income tax.