What Is the Marriage Penalty?

The Tax Cuts and Jobs Act affected a variety of calculations, and the tax liability differences between married and single taxpayers is a complex story. As the Tax Foundation notes: “One unintended feature of the United States’ income tax system is that...

Federal Laws That Prohibit Job Discrimination

Below is an annotated list of the anti-discrimination laws every company should be aware of. Title VII of the Civil Rights Act of 1964 Title VII prohibits discrimination against job applicants and employees on the basis of race, color, national origin, religion and...

Key Tax Issues for Small Businesses

Don’t scramble to get all your finances together a few days before the deadline. If you do, you’re setting yourself up for disaster. Prepare yourself ahead of time. Here is what you will you need to gather:     Last year’s business tax...

Real Estate in Your IRA: A Good Idea?

Real estate can be a great investment, and many people don’t know they can also put property into their IRAs. However, they have to be careful: one small mistake and an IRA’s tax advantages disappear. So what are the rules to follow to have a qualified...