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IRS Increases Gift and Estate Tax Exclusion: What You Should Know

Many people choose to gift assets to their loved ones while they are still alive so they may see them enjoying the benefits. In 2024, the Internal Revenue Service (IRS)

Will the IRS Use AI in Tax Audits? 

The Internal Revenue Service (IRS) is taking measures to increase tax enforcement for high earners this tax season by implementing the use of artificial intelligence (AI). That’s correct – SkyNet

What’s the Difference Between Schedule 13D and Schedule 13G?

Schedule 13D and Schedule 13G are both beneficial ownership reports filed by anyone who directly or indirectly shares investment power in a company. These Securities and Exchange Commission (SEC) filings

What’s the Difference Between an Employee and a 1099 Worker?

If you’re a business owner, you need to understand the difference between employees and independent contractors. Not only is the understanding of the difference between employees and independent contractors crucial

IRS Deadlines: What You Need to Know

While everyone knows that federal income tax returns are due on April 15 yearly, the Internal Revenue Service (IRS) imposes several other deadlines throughout the year. For example, there are

Tax Responsibilities of Independent Contractors

While full-time employment is the standard, the gig economy has gained momentum over the last several years. If you are considering whether going into business for yourself is the right

Tax Filing Preparation Tips

Whether you’re a W-2 employee, a 1099 worker, or a business owner, you will need to pay taxes. Working with a tax professional can help ensure your taxes are prepared

Answering Non-Disclosure Agreement FAQs with Joshua D. Brinen

A non-disclosure agreement is an agreement between two or more parties that normally occurs before or after a contract is executed. Typically, the non-disclosure agreement or NDA is signed before

Five Common Tax Mistakes Made by LLCs

Limited Liability Companies are a popular business structure due to their flexibility and their liability protections. However, a limited liability company (LLC) can also face a number of tax issues.