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Latest Articles
Small Business Tax Tips: Payroll Expenses - Aug 2020 (Money)
Federal law requires most employers to withhold federal taxes from their employees' wages. Whether you're a small business owner who's just starting or one who has been in business a while and is read...
Mukesh Makker
Tax Facts to Know If You're Selling Your Home This Year - Aug 2020 (Money)
In most cases, gains from sales are taxable. But did you know that if you sell your home, you may not have to pay taxes? Here are ten facts to keep in mind if you sell your home this year.1. E...
Mukesh Makker
Temporary Relief for Retirement Plan Participants - Aug 2020 (Money)
Temporary administrative relief has been issued that helps certain retirement plan participants or beneficiaries who need to make participant elections by allowing flexibility for remote signatures. G...
Mukesh Makker
RIC Shareholder Dividends Qualify as Section 199A - Aug 2020 (Money)
Section 199A, enacted as part of the Tax Cuts and Jobs Act (TCJA), allows individual taxpayers and certain trusts and estates to deduct up to 20 percent of certain income (section 199A deduction). It ...
Mukesh Makker
What is Form 1099-NEC? - Aug 2020 (Money)
Starting in tax year 2020, payers must complete Form 1099-NEC, Nonemployee Compensation to report any payment of $600 or more to a payee. There is a new form that only applies to business taxpayers wh...
Mukesh Makker
Tax Breaks for Teachers and Educators - Aug 2020 (Money)
While many schools are switching to hybrid or remote learning models, teachers and other educators should remember that they can still deduct certain unreimbursed expenses such as classroom supplies, ...
Mukesh Makker
Protect Tax Records Before Disaster Strikes - Aug 2020 (Money)
Natural disasters such as hurricanes are more common in summer, but tornadoes, floods, and fires can strike at any time. As such, it's always a good idea to plan for what to do in case of a disaster. ...
Mukesh Makker
Exiting a Business: Which Option Is Right for You? - Aug 2020 (Money)
Selecting your business successor is a fundamental objective when planning your exit strategy and requires a careful assessment of what you want from the sale of your business and who can best give it...
Mukesh Makker
Dirty Dozen Tax Scams: 2020 Edition - Aug 2020 (Money)
The "Dirty Dozen" is a list of common tax scams that target taxpayers. Compiled and issued annually every year by the IRS, this year it includes many aggressive and evolving schemes related to coronav...
Mukesh Makker
Director Manish Vatssalya's "Scotland" releasing on 7th August (Press Release)
Studded with 62 international awards and having made into the coveted list of OSCARS Best feature film category, director Manish Vatssalya’s Crime thriller 'Scotland' is set to bedazzle the viewers on...
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