by DunlapSLK | Mar 31, 2022 | Resources For Individual Taxpayers, Uncategorized
Summer is just around the corner. If you’re fortunate enough to own a vacation home, you may wonder about the tax consequences of renting it out for part of the year. The tax treatment depends on how many days it’s rented and your level of personal use. Personal use...
by DunlapSLK | Mar 28, 2022 | Resources For Employers, Uncategorized
Under just about any circumstances, the word “leakage” has negative connotations. And so it follows that this indeed holds true for retirement planning as well. In this context, leakage refers to early, pre-retirement withdrawals from an account. Now, as a business...
by DunlapSLK | Mar 21, 2022 | Resources For Employers, Resources For Individual Taxpayers, Uncategorized
From the IRS: The Internal Revenue Service urges people to stay resolute against ongoing scams and schemes by properly securing computers, tablets and phones. Solid cybersecurity protection and scam recognition is vital to reduce the threat of identity theft inside...
by DunlapSLK | Mar 18, 2022 | Resources For Individual Taxpayers, Uncategorized
If you made large gifts to your children, grandchildren or other heirs last year, it’s important to determine whether you’re required to file a 2021 gift tax return. And in some cases, even if it’s not required to file one, it may be beneficial to do so anyway. Who...
by DunlapSLK | Mar 11, 2022 | Resources For Employers, Resources For Individual Taxpayers, Uncategorized
Executive Summary Two new forms may be required for entities filing Form 1065 or Form 1120-S and U.S. persons filing Form 8865: Schedule K-2, Partners’ Distributive Share Items – International or Shareholders’ Pro Rata Share Items – International; and Schedule...
