Getting advice from a good tax pro is worth it. They can help you squeeze the most out of your LLC tax benefits and keep you ...

Examines the U.S. Tax Court case involving microcaptive in Patel v. CIR, 165 T.C. 10 (Nov. 12, 2025) where the 40% penalties were assessed.

Selling something that has shot up in value — think appreciated stocks, bitcoin bought for pennies, a rental building, or a ...

A limited liability company (LLC) can change its entity classification for tax purposes by filing Form 8832, Entity Classification Election, or by incorporating under state law. These and other ...

Knowing which expenses your LLC can deduct is fundamental to maintaining healthy business finances. Every legitimate business expense you properly document and deduct reduces your taxable income, ...

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...

HONG KONG and BAKU, Azerbaijan, Sept. 9, 2025 /PRNewswire/ -- Solomon AI Limited, a leading innovator in advanced artificial intelligence, and VR Solutions LLC, a prominent technology provider in ...

If you’re running a limited liability company (LLC) in Michigan, tax season brings obligations at federal, state, and sometimes city levels. Between all the different requirements and deadlines, ...