Tax Hoots

For many business owners, signing a tax return feels like a simple administrative step. However, when it comes to signing partnership returns for partnerships and multi-member LLCs, signature authority becomes

Supporting a child, elderly parent, or other relative often comes with the added responsibility of understanding tax rules. Many taxpayers assume claiming tax dependents is straightforward, but the IRS has

As the regular tax season approaches, one small but important detail can make or break your e-filing process: your Adjusted Gross Income (AGI). This figure helps the IRS verify your

With tax laws and key tax and policy changes shifting every year, staying informed isn’t just helpful; it’s essential for anyone looking to protect their assets and plan effectively. Recent

As the year winds down, business owners often focus on wrapping up projects, meeting sales goals, and planning for the months ahead. However, one critical task often overlooked during this

Charitable giving is one of the most meaningful ways to support causes you care about, and at the same time, it can provide valuable tax benefits. However, the rules surrounding

The IRS recently proposed a new rule that could significantly reduce the tax burden for millions of tipped workers across the United States. Under this plan, certain employees and self-employed

The Treasury Department and the IRS recently issued final regulations on the Roth catch-up contribution rule, one of the most anticipated provisions under the SECURE 2.0 Act. These changes are

When you sell an investment or property for a profit, that gain is usually subject to capital gain taxes. These taxes apply to capital assets like stocks, bonds, real estate,