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Are you ambitious enough to open a second location of your business? The idea may have merit, but you’ll need to explore all aspects of it first.

If you’re selling your principal residence, some or all of the profit may be tax free. It depends on your home sale profit and your income. Here are the basic rules.

Before Dec. 31, you may want to make some tax moves to save on 2021 taxes. Here are a few strategies.

To stay competitive, many businesses need cash to fulfill their strategic objectives. Put yourself in a lender’s mindset before you take out a loan.

There have been proposals in Washington to reduce the estate and gift tax exemption amount, as well as make other changes to the estate tax laws. Making tax-free gifts by year end can reduce the size of your taxable estate and may be one way to recognize and address this...

If your business is victimized by theft, embezzlement or internal fraud, you may be able to claim a tax deduction for the loss. But there are requirements that must be followed as one U.S. Tax Court decision illustrates.

Your company’s marketing efforts may feel like a roll of the dice. But if you ask the right questions and apply the right metrics, you can put the odds in your favor.

The rules for deducting personal casualty losses on a tax return have changed through 2025. However, you may still be able to claim a deduction if an event qualifies as a federally declared disaster (and several have this summer).

If you own or operate a business, you may not know that the IRS has “Audit Techniques Guides” for certain industries and tax issues. IRS examiners use them to prepare for audits and you can read them too. Here’s how.

Business owners, have you considered creating a succession plan that also accounts for the possible departure of key employees?