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A person is making soap in a mold on a table.

Maximize Your Tax Savings by Understanding the Hobby Loss Rules

October 10, 2024
Understand the IRS hobby loss rules and how they impact taxes, including the effect of the TCJA, profit motive factors, and deductions for hobby versus business
A now hiring sign is on a glass door.

Hiring Seasonal Employees: What SMBs Need to Know About Payroll Taxes

October 9, 2024
Learn the key payroll tax considerations when hiring seasonal employees.
An aerial view of a hurricane in the middle of the ocean.

IRS Provides Relief for Hurricane Helene Victims

October 8, 2024
The IRS has announced disaster tax relief for individuals and businesses in several states affected by Hurricane Helene.
A hourglass is sitting on top of a calendar next to a calculator.

Video Tips: A Second Chance at the Voluntary Disclosure Program for ERC Claims

October 7, 2024
Professional Bookkeeping Plus will keep you informed. Get news updates regarding tax law and accounting.
The word penalty is written in wooden blocks on a wooden table.

IRS Penalties: What Triggers Them and How to Avoid or Reduce Them

October 4, 2024
Discover the common IRS penalties for late filing, payment, and more. Learn how to avoid or reduce them and keep your tax obligations in check.
A woman and a baby are playing with toys at a table.

Navigating the Tax Complexities of Hiring Household Employees

October 3, 2024
Learn about payroll, taxes, and compliance when hiring household employees like nannies, caregivers, or housekeepers. Avoid penalties with proper tax reporting
A bunch of baseballs with signatures on them

The Tax Trap Behind Shohei Ohtani’s 50/50 Ball Auction – Uncle Sam Could Be the Real Winner

October 2, 2024
Shohei Ohtani’s 50/50 ball is up for auction! Find out how taxes could take a big bite out of the final sale and why timing is everything for the lucky seller.
A stack of gold coins with a percent sign in the background.

How Qualified Small Business Stock Can Maximize Your Investment Returns

October 1, 2024
Learn how Sec 1202 QSBS can offer up to $10M in gain exclusion for investors. Discover the qualifications, limitations, and strategies to maximize tax savings.
A woman is playing a guitar in front of a microphone in a recording studio.

Video Tips: Are Hobby Losses Tax Deductible?

September 30, 2024
The IRS has hobby loss rules to determine whether an activity is a hobby or a business. Watch this video to learn more.
A close up of a snail shell on a green leaf.

Snails in Skyscrapers and Toy Pandas: The Strangest Tax Avoidance Schemes in History

September 30, 2024
Tax avoidance is as old as taxes themselves. Discover the strangest tax avoidance schemes in history that have left tax authorities scratching their heads.
Show More
A person is making soap in a mold on a table.

Maximize Your Tax Savings by Understanding the Hobby Loss Rules

October 10, 2024
Understand the IRS hobby loss rules and how they impact taxes, including the effect of the TCJA, profit motive factors, and deductions for hobby versus business
A now hiring sign is on a glass door.

Hiring Seasonal Employees: What SMBs Need to Know About Payroll Taxes

October 9, 2024
Learn the key payroll tax considerations when hiring seasonal employees.
An aerial view of a hurricane in the middle of the ocean.

IRS Provides Relief for Hurricane Helene Victims

October 8, 2024
The IRS has announced disaster tax relief for individuals and businesses in several states affected by Hurricane Helene.
A hourglass is sitting on top of a calendar next to a calculator.

Video Tips: A Second Chance at the Voluntary Disclosure Program for ERC Claims

October 7, 2024
Professional Bookkeeping Plus will keep you informed. Get news updates regarding tax law and accounting.
The word penalty is written in wooden blocks on a wooden table.

IRS Penalties: What Triggers Them and How to Avoid or Reduce Them

October 4, 2024
Discover the common IRS penalties for late filing, payment, and more. Learn how to avoid or reduce them and keep your tax obligations in check.
A woman and a baby are playing with toys at a table.

Navigating the Tax Complexities of Hiring Household Employees

October 3, 2024
Learn about payroll, taxes, and compliance when hiring household employees like nannies, caregivers, or housekeepers. Avoid penalties with proper tax reporting
A bunch of baseballs with signatures on them

The Tax Trap Behind Shohei Ohtani’s 50/50 Ball Auction – Uncle Sam Could Be the Real Winner

October 2, 2024
Shohei Ohtani’s 50/50 ball is up for auction! Find out how taxes could take a big bite out of the final sale and why timing is everything for the lucky seller.
A stack of gold coins with a percent sign in the background.

How Qualified Small Business Stock Can Maximize Your Investment Returns

October 1, 2024
Learn how Sec 1202 QSBS can offer up to $10M in gain exclusion for investors. Discover the qualifications, limitations, and strategies to maximize tax savings.
A woman is playing a guitar in front of a microphone in a recording studio.

Video Tips: Are Hobby Losses Tax Deductible?

September 30, 2024
The IRS has hobby loss rules to determine whether an activity is a hobby or a business. Watch this video to learn more.
A close up of a snail shell on a green leaf.

Snails in Skyscrapers and Toy Pandas: The Strangest Tax Avoidance Schemes in History

September 30, 2024
Tax avoidance is as old as taxes themselves. Discover the strangest tax avoidance schemes in history that have left tax authorities scratching their heads.
Show More
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