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Residential real estate prices in many markets have surged over the last few years. As a homeowner, you may be sitting on a significant unrealized gain, especially if you've owned your principal residence for a while. That's good news if […]

If you're a contractor, manufacturer or another type of business that deals with hazardous materials, you're probably already mindful of the legal and practical steps you need to take to safeguard your employees and facilities. On the other hand, if […]

In April 2024, the Federal Trade Commission (FTC) approved a final rule prohibiting most noncompete agreements with employees. The ban was scheduled to take effect on September 4, 2024, but ran into multiple court challenges. Now the court in one […]

The Internal Revenue Bulletin 2024-27, issued on July 1, 2024, includes Notice 2024-52. This notice sets the reference price at $2.04 per 1,000 cubic feet (mcf) for calculating the marginal well production credit (MWC) under section 45I for eligible natural […]

The IRS has announced several tax-compliance initiatives that focus on businesses. Here’s a look at three of them.

The IRS has issued final regulations regarding inherited IRAs and other defined contribution plans.

1. 529 Accounts are not Just for College 2. What Happens in Summer May Be Taxable 3. Don't Ignore the IRS 4. Beware Scams Promoted on Social Media 5. When You and the IRS Disagree…

Any business that has employees could suffer payroll fraud and related schemes. Large or small, and regardless of industry, every business could become subject to this threat. The good news is, your organization can mitigate the risk by understanding the forms payroll fraud takes. This article explores common schemes and suggests ways to help detect or prevent them.

Between BBQs, fireworks and baseball games, you should take some time this summer to consider tax planning moves that could lower your tax obligations for 2024. Proactive midyear planning can help avoid a year-end scramble to implement tax saving strategies before December 31. When it comes to tax planning, procrastination can be a costly mistake.

Now is the time to get up to speed on 2024 SECURE 2.0 changes. Here are several to consider.

Under current tax law, many people pay no federal income tax on net long-term capital gains and qualified dividends earned in their taxable accounts. Here's an overview of the income levels that qualify for the 0% rate, along with tax-smart moves that could allow higher-income taxpayers to pass on wealth to younger generations, while capitalizing on this favorable tax rate.

A new final rule from the U.S. Department of Labor (DOL) is slated to expand the number of workers who are eligible for overtime pay under the federal Fair Labor Standards Act. It's scheduled to take effect on July 1, 2024, but it's likely to face legal challenges. Here are steps for employers to consider taking to remain in compliance.