Want to find out what IRS auditors know about your business industry? In order to prepare for a business audit, an IRS examiner generally does research […]

You Can Only Claim a Casualty Loss Tax Deduction in Certain Situations In recent weeks, some Americans have been victimized by hurricanes, severe storms, flooding, wildfires […]

Planning for Year-End Gifts with the Gift Tax Annual Exclusion As we approach the holidays and the end of the year, many people may want to […]

Claiming a Theft Loss Deduction if Your Business is the Victim of Embezzlement A business may be able to claim a federal income tax deduction for […]