Payroll Taxes for Remote Employees

NFTs are becoming a hot new commodity, making many people rich overnight. Just like with anything that makes money, however, it's important to think about the tax implications of the trading of NFTs,...

Tax planning is a complicated business, but nearly every tax planner and accountant will agree that the sooner an individual or business knows about upcoming changes to the tax code the more likely...

Is inheritance taxable, or do you have to pay taxes on an inheritance? The short answer is: YES. Your inheritance is taxable in two ways: estate tax and inheritance tax. But, you're only required to...

To put it simply, cost basis is the total amount invested in a stock or a property, plus any fees or commission involved in the purchase. It’s recorded by using the dollar amount of the investment or...

As a business person, you probably face many uncertainties each operating day. Unfortunately, some of these uncertainties may threaten the success and existence of your business. Therefore, you need...

When it comes to taxes, there are very few hard and fast rules except — you have to pay them. Even so, one of the most frequently asked questions we receive at the MB Group is "Do you have to pay...

Although many companies are shipping their manufacturing processes overseas for cheaper labor and production costs, the U.S. has created a number of enticing incentives to keep your production...

If you are self-employed, you may have taken advantage of the 2020 CARES Act. You will recall that the act provided tax relief from the economic stress of the COVID-19 pandemic. Employers were...

It’s the MOST beautiful time of the year! Tax planning time! I bet with an intro like that you thought this blog post was going to be all about how magical the holidays can be and, while that is...