By Donna Holm
Background
Since 1954, businesses that incurred R&E expenses under IRC §174 have been able to deduct them as paid or accrued. Unfortunately, the Tax Cuts and Jobs…
By: Ranju Poudel
All inheritances and gifts received by U.S. persons from foreign persons that exceed $100,000 in a calendar year are reportable to the IRS on Form 3520, Annual Return to…
As we near the end of 2022, it is important to look at your tax and financial plans and consider steps that can be taken to reduce taxes and help you save for your future. Although there has b…
