by HintonBurdick | Jun 15, 2021 | Business Tax, Nonprofit Tax, Personal Tax, Tax, Uncategorized
The other day, one of my sons was walking around the house in my shoes. When I noticed this, I playfully began chasing him around. He stumbled a bit and was noticeably slowed down because the shoes didn’t fit him. Once he kicked my shoes off, he was much more...
by HintonBurdick | Jun 1, 2021 | News
Estimated tax is the method used to pay tax on income that is not subject to withholding. This includes income from self-employment, interest, dividends, alimony, and rent and gains from the sale of assets, prizes, and awards. You also may have to pay an estimated tax...
by HintonBurdick | Jun 1, 2021 | News
Taxpayers who relinquish citizenship without complying with their U.S. tax obligations are subject to the significant tax consequences of the U.S. expatriation tax regime. If you’re an expat who has relinquished – or intends to relinquish – your U.S....
by HintonBurdick | Jun 1, 2021 | News
Selling a small to medium-sized business is a complex venture, and many business owners are not aware of the tax consequences. If you’re thinking about selling your business the first step is to consult a competent tax professional. You will need to make sure...
by HintonBurdick | Mar 1, 2021 | News
Tax changes due to recent legislation such as the Tax Cuts and Jobs Act and the CARES Act, affect both individual taxpayers and small businesses. In 2020, the IRS issued a number of guidance documents as well as final rules and regulations that clarified several tax...
