Tax Hints

Navigating the world of tax deductions can be a daunting task, especially when it comes to understanding the intricacies of meals and entertainment deductions. The Internal Revenue…

Deferment of Social Security taxes has been an important relief measure for employers and self-employed individuals grappling with the financial uncertainty caused by the ongoing pandemic. Under…

Delaware franchise tax is an annual fee paid by businesses that are incorporated in the state, irrespective of whether they conduct business in Delaware or not. This…

Corporate tax deadlines are an essential aspect of the business world that every entrepreneur and business owner should be familiar with. Keeping track of tax obligations can…

Filing taxes is an essential responsibility for individuals and businesses alike. Understanding the costs associated with completing and submitting tax returns can help taxpayers make informed decisions…

Delaware, affectionately known as the First State, earned its nickname because it was the first to ratify the U.S. Constitution and join the Union on December 7,…

A CP2000 notice is issued by the Internal Revenue Service (IRS) when discrepancies are found between the income, payments, credits, or deductions reported on an individual’s tax…

Bonus depreciation is a valuable tax incentive that allows businesses to deduct a significant portion of the cost of eligible assets upfront, rather than writing them off…

The Coronavirus Relief Bill, also known as the American Rescue Plan, is a $1.9 trillion economic stimulus package created to address the economic and health effects of…

Unpaid taxes are a significant concern for taxpayers and tax authorities alike. As of recent data, unpaid federal income taxes amount to more than $600 billion annually.…

Tax deductions are a way for individuals and businesses to lower their taxable income and save money. One expense that often raises questions for taxpayers is whether…

Filing a tax return can be a daunting task for many individuals, especially with the complexities surrounding tax rules and legislation. Ensuring accuracy when submitting your tax…