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PROFIT FROM IT: Dependents with Unearned Income Could Owe "Kiddie Tax" | Opinion - Vimarsana News

PROFIT FROM IT: Dependents with Unearned Income Could Owe "Kiddie Tax" | Opinion

Taxpayers with dependents who have unearned income during the year might want to consider some year-end tax planning strategies to reduce their overall tax burden.

PROFIT FROM IT: 2023 Year-end Business Tax Planning Tips - Vimarsana News

PROFIT FROM IT: 2023 Year-end Business Tax Planning Tips

Business owners, it’s time to start making moves to lower your taxes for this year and next. Fortunately, this year there has seen no new major tax legislation to this

PROFIT FROM IT: New E-File Rules for Business & Information Returns - Vimarsana News

PROFIT FROM IT: New E-File Rules for Business & Information Returns

Earlier this year, the IRS slipped out largely unnoticed new regulations that take effect in 2024 requiring certain businesses to electronically file (e-file) income tax and other information returns.

PROFIT FROM IT: IRS Slams Door on ERC Refunds – For Now - Vimarsana News

PROFIT FROM IT: IRS Slams Door on ERC Refunds – For Now

If you are in business, chances are very good that you have been inundated with marketing materials claiming you likely are eligible for thousand of dollars in tax refunds from

PROFIT FROM IT: Fixed Asset Expensing Rules Changing for Businesses - Vimarsana News

PROFIT FROM IT: Fixed Asset Expensing Rules Changing for Businesses

If you are in business and have invested in fixed assets for use in your business in recent years, you likely have gotten used to the generous immediate expensing rules