When you sell your home, you’ll pay tax (or avoid it) based on the “basis” of the property. Here’s how to determine yours.

Avoid causing your family members additional hardship after your death by disclosing all of your assets and where they can find them.

The nice weather and the general downturn in COVID-19 cases has spurred some business owners to think about buying a car this spring. Here’s an option that may save on taxes.

No nonprofit’s tax-exempt status is permanent. If you violate IRS rules, you could lose it as well as the loyalty and confidence of donors, grant makers and other supporters of your mission.

Safe harbor 401(k) plans generally free employers from compliance with nondiscrimination testing. But you may wonder whether they’re subject to “top-heavy” requirements.

If your business can be defined as an applicable large employer, the recently signed American Rescue Plan Act might increase the likelihood that you’ll incur a penalty under the Affordable Care Act.

There are a number of “FinTech” (financial services technology sector) apps available, that are helping accountants and finance professionals with their day-to-day job, but it can be confusing on where to even start. Here are some suggestions.

Does your audit committee need a makeover to tackle what lies ahead? Here’s guidance to devise a proactive governance and oversight agenda for 2021.

If you qualify to file as a “head of household,” you may pay less tax than if you file your tax return as a “single” individual.

Internal controls and an ethical culture are critical to preventing fraud in your law firm. How else can you protect profits from occupational thieves? Read on.

After this past year, you and your nonprofit’s board may think they can overcome any financial challenge. But don’t get too comfortable. These financial warning signs merit immediate attention.

What is the best choice of entity for a new business venture? It might be an S corporation. Here’s why.