Publications
Open enrollment for health care benefits has begun at many companies. If your employer lets you choose from a menu of health care plans, it's important to review your options carefully. Read more
If you lose money on a stock investment in a taxable brokerage firm account, the good news is that you can usually harvest a tax-saving capital loss deduction by selling that stock before year end. However, the wash sale rule might come into play, causing your anticipated tax loss to be disallowed.…
At some point, every business owner leaves the company, either voluntarily through retirement or otherwise. Some businesses will outlive their founders. Others can't survive without the continued involvement of a key owner-employee. And a few business concepts — from horse-drawn buggies to video…
The Social Security Administration (SSA) recently announced that the "wage base" for computing Social Security tax will increase for 2024 to $168,600. This is up from $160,200 for 2023.
Entrepreneurs and others who work for themselves are often on the hook for significant federal self-employment (SE) tax, in addition to federal and state income taxes. Here are the answers to some common questions about this tax.