Private Foundations vs. Donor-Advised Funds

…income tax filings, including payroll reporting should it have employees. What is a donor-advised fund? A DAF is an investment account established and funded by a taxpayer—controlled by a sponsoring…

New Tax Credits for Self-Employed Individuals

…self-employment income is an amount equal to the net earnings from self-employment for the taxable year divided by 260. A taxpayer’s net earnings from self-employment are based on the gross…

Charitable Contributions: Changes with the New Tax Law

taxpayers may use the standard deduction and will not realize any (or limited) income tax benefit from charitable contributions. Taxpayers may want to consider contributing multiple years of charitable donations…


Contact Us