Contributors Fairfield

If you’re looking to hire, you may be able to use a valuable tax credit to recruit from one or more...

Self-employed taxpayers qualify for home office deductions if part of their home is used “regularly and exclusively” as the principal place...

The collapse of Silicon Valley Bank (SVB) and Signature Bank; the uncertain fate of First Republic Bank, which has sent the...

“Everywhere you look there are influences of the Berbers (the nomadic pre-Arab peoples of North Africa), Romans, French and English,” writes...

A re-trade happens when the buyer lowers the valuation and/or changes the structure.

Prepaid debit cards or mobile apps may allow direct deposit of tax refunds.

In 2023, the rate for business miles driven is 65.5 cents per mile.

Things may just get worse before they get better. But they will get better.

Taxpayers can deduct contributions to a traditional IRA if they meet certain conditions.

Due to inflation, there were two standard mileage rates in 2022.

It might help you to review the Taxpayer Bill of Rights, which can be found at IRS.gov.

The national rate is 66%, while the LGBTQ rate is 49%.

Businesses should take advantage of Section 179 expensing this year whenever possible.

The annual gift tax exclusion provides a simple, effective way of cutting estate taxes.

The IRS does not correspond by email, phone or social media.