If you don't pay what you owe on your taxes when you request an extension, you might get hit with an underpayment penalty. To ...

Ag News Wire By C. Robert Holcomb, an agricultural business management educator with University of Minnesota Extension As 2010 quickly comes to a close, many farm managers have been asking what ...

U OF M EXTENSION SERVICE With tax season approaching, many farm managers have been asking what tax law changes might impact them as they meet with income tax professionals. Listed below is a quick ...

There's no sure way to predict an IRS audit, but if you're self-employed, these ten "red flags" could increase your chances ...

Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...

“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often ...

Settlements in the employment law context can set up thorny tax issues for employers. In this alert, we will discuss two key issues companies ...

Explore Lili's no-fee business checking, early direct deposit, and tax tools. Learn the pros, cons, and why it's ideal for entrepreneurs seeking simple financial management.

Be careful rushing through your taxes to get your refund faster. A mistake could bring you an audit instead. Here's how to ...

Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...

However, if you're a remote worker filing your taxes, you still might not be able to claim the home office deduction. The home office deduction allows eligible taxpayers to reduce ...

The home office deduction is a tax break that some self-employed people who work from home can use to lower their taxable ...