Taxes
When an individual or business owes taxes to the Internal Revenue Service (IRS), settling the entire amount in a single…
I’ve previously written about Employee Retention Credit (often called the ERC or ERTC) refund claims pending with the IRS here.…
A gift loan is essentially a loan with an interest rate well below the market average, or even no interest…
In this episode of Tax Notes Talk, George Ford with the Phoenix Center for Advanced Legal and Public Policy Studies…
Selling an underperforming asset and buying a similarly priced, more promising investment is a logical business move – but what…
Imputed interest rules can turn even a simple act of generosity into a taxable event. This IRS regulation requires interest…
Ah, the season of summer—a time when minds drift toward sandy shores, vibrant sunsets, and the occasional, delightful indulgence in…
Getting a tax refund can seem like a financial windfall, but it means you’ve overpaid your taxes and given the…
The Child Tax Credit (CTC) has been a cornerstone of U.S. policy aimed at providing financial support for families with…
In most cases, when selling your primary residence you can exclude $500,000 of the gain if you file as a…