Charitable Deductions in 2026 & Beyond
Starting in 2026 there is a new “above-the-line” deduction for donations to charity. This means you can take advantage of
I received a 1099-K?
The 1099-K form is issued by third-party payment processors (such as PayPal, Venmo, or credit card companies) to report transactions made through
Does My Child Need to File a Tax Return?
Generally, if your child meets the following qualifications he is not required to file a tax return: Under 19 years old, or
Deducting Healthcare Sharing Ministry “Premiums”
Historically only traditional health insurance premiums have been tax deductible. However, the IRS has issued proposed regulations that would allow
Are Gifts to Employees Taxable?
Generally when an employer gives a gift to an employee the value of the gift is taxable income to the
Can I Deduct Donated Time or Services?
Unfortunately, the short answer is, “No”. The IRS does not allow the deduction of time spent or services provided at
Work Opportunity Tax Credit (WOTC)
The Work Opportunity Tax Credit (WOTC) is a Federal tax credit available to employers for hiring and employing individuals from
Temporary Employee vs Permanent Employee
There are no federal laws defining how long an employee can be considered “temporary.” The time frame can vary based
Nebraska Microenterprise Tax Credit
If you are starting a new business and/or expanding your existing small (less than six full-time equivalent employees) business in
Meals & Entertainment FAQ
Q: What are tax deductible business meals? A: Tax deductible business meals are meals that are primarily for business purposes