Inflation Reduction Act of 2022

As investing in the stock market has become more and more popular, many people are starting to ask about how this income is taxed. Unlike wages, investors in the stock market are completely on their...

More and more these days, companies are quickly realizing that not all employees have to live close to the home office. If you, like many other businesses, are starting to hire out-of-state to find...

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...

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...

In the 2021 tax year, the average income tax refund was $3,039. While splurging on a stellar vacation or a shopping spree may seem like an option, it's not the best option. In fact, there are a...

Whether you're a business owner or an individual, it's completely normal to request more time to file your federal income tax return. In fact, over 10 million taxpayers request tax extensions each...

The hustle, the fear, and the anxiety — it must be tax season. And if you experience any or all of these symptoms, you may be suffering from tax phobia or IRS phobia. While cynics may smirk at the...

Contrary to popular belief, what you don't know can hurt you, especially when it comes to tax deductions you may have missed for your business. Failing to capitalize on all of the tax deductions you...