Category: Tax

Article Highlights: Capital Gains Medicare Tax High Wealth Minimum Tax Top Marginal Tax Rate Corporate Tax Rate Corporate Minimum Tax Global Minimum Tax Basis Step-Up Carried Interest Stock Buyback Tax Executive Compensation Private Jets Like-Kind Exchanges Cryptocurrency Losses Cryptocurrency Mining […]

How to Recognize and Avoid Tax Scams When Filing Your Taxes Tax season can be stressful enough without having to worry about falling victim to tax scams. With cybercrime and identity theft becoming increasingly prevalent as more people file their […]

Article Highlights: New U.S. Department of Labor Rule Prior Rule Rescinded Effect on ABC Test Used by Some States New Six Factor Test o   Opportunity for Profit or Loss Depending on Managerial Skill o   Investments by the Worker and the Potential Employer […]

In the wake of the pandemic, remote work has become the new norm for many American workers. As businesses across a wide range of industries have shifted to a remote model, employees and employers alike have experienced numerous benefits such […]

Article Highlights: Sec1202 – Qualified Small Business Stock (QSBS) Exclusion Periods & Exclusion Percentages Maximum Exclusions Strategies Shareholder Qualifications Corporate Level Requirements Retaining QSBS Status Employee Benefits State Taxation Conversions of an Existing Business Rollovers IRC Sec 1202, Qualified Small […]

Article Highlights: Estate and Gift Tax Personal Exemptions Standard Deductions Home Mortgage Interest Deduction Limitation on Tax Deductions (SALT) Suspension of Tier 2 Miscellaneous Itemized Deductions Suspension of the Limitation on Itemized Deductions Individual Tax Rates Child Tax Credit Special […]