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Category Archives: Tax Laws

Form 1040 and businessman hand calculating at the office

Here’s What’s New and What to Consider When Filing in 2022

The IRS encourages taxpayers to get informed about topics related to filing their federal tax returns in 2022. These topics includan visit IRS.gov/getready for online tools, publications and other helpful resources for the filing season. Here are...

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business people working in office

Depreciation for Small Business Owners

What small business owners should know about the depreciation of property deduction Depreciation is an annual tax deduction that allows small businesses to recover the cost or other basis of certain property over the time they use the property. It...

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“The hardest thing in this world to understand is the income tax.” Albert Einstein

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