Jul 16, 2026 | Personal Financial Planning, Tax News
If you’re dealing with the IRS, you don’t necessarily have to do it alone. The agency permits you to authorize another person to act on your behalf in certain tax matters. There are a few different types of third-party authorizations — each with its own...
Jul 14, 2026 | Business Planning, Tax News
Common business structures include sole proprietorships, partnerships, C corporations, and S corporations. Limited liability companies, or LLCs, are widely used and created under state law. Each option has different legal and tax considerations. Choosing the right...
Jul 2, 2026 | Business Planning, Tax News
All businesses have tax filing and compliance obligations. The taxes owed and applicable types vary by business and activity. Common federal taxes include income, estimated, self employment, employment, and excise taxes. Not all taxes apply to every business. Most...
Jun 30, 2026 | Business Planning, Tax News
Choosing the right recordkeeping system is essential because you need a clear summary of every transaction your business makes. In most cases, small-business owners track this information in accounting journals and ledgers. These records typically reflect gross...
Jun 25, 2026 | Featured News and Events, Tax News
Reposted from the Maryland Comptroller, June 15, 2026 email news article. ANNAPOLIS, Md. (June 15, 2026) — The Office of the Comptroller of Maryland announced today that Maryland Tax Connect, the agency’s secure, self-service tax portal, will expand to serve...
Jun 24, 2026 | Featured News and Events, Tax News
In Terry W. Kwong v. The United States, taxpayer Terry Kwong argued that between Jan. 20, 2020, and July 10, 2023, various pandemic-related rules delayed certain key deadlines. The IRS disagreed. As a result, a huge number of taxpayers may be due refunds. According to...
