The Treasury Department’s move to end the IRS-run Direct File tool and shift to strengthening partnerships with tax preparation companies drew expected cheers from Republicans and criticism from ...

Intuit is opening 20 brick and mortar TurboTax stores in major cities across the U.S. as well as 200 additional TurboTax ...

Roderick Robeson CPA LLC believes tax strategy should be proactive, not reactive. Rather than focusing only on annual filings ...

LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.

Under the S-Corp classification, an owner-operator must be paid a “reasonable salary” through W-2 payroll and this salary is ...

Knowing which expenses your LLC can deduct is fundamental to maintaining healthy business finances. Every legitimate business expense you properly document and deduct reduces your taxable income, ...

Ohio hands out $12 billion a year in tax breaks, mostly to wealthy individuals and big corporations. Yet the state’s economy continues to lag behind the national average, a report released earlier ...

The IRS on Thursday announced adjustments it is making to a host of line items on your federal tax return for this year and next. Those updates are the result of changes in inflation, but also due to ...

Tax management platform Instead is planning to offer completely free tax return preparation and filing for Forms 1040, 1041, 1120, 1120-S and 1065. "If you want to prepare your return, or print and ...

Forget Halloween or the clocks going back, October is an important month when it comes to taxes. There are two key tax dates during October, affecting new landlords or self-employed people and also ...