taxes

Who knew you had a green thumb? You started gardening as a way to de-stress. Now, you’re growing exotic orchids in your family room. It was a pricey hobby until you learned how to propagate orchids and started selling them to other hobbyists. And now you’re thinking you might be able to turn growing orchids into an income source — and your hobby into a business. Once people start making… Read More

Nonprofit organizations exempt from tax under Section 501(c)(3) of the federal tax code — schools, religious groups, hospitals, social service providers, and other public charities — should be careful not to violate the law’s prohibition on political campaign activities. What’s Prohibited? Participation or intervention in a political campaign on behalf of, or in opposition to, a candidate for public office is absolutely prohibited, whether it’s done directly or indirectly. This… Read More

You may have some significant opportunities to reduce your tax bill and improve your financial situation before then and now is the time to do so. But don’t procrastinate. If you wait too long to start your review, you might not have enough time to implement strategies that can improve your bottom line. Take Stock The best way to ensure that you’re ready for the new year is to review… Read More