Tax Hive Blog

Toward the end of each tax year the IRS announces a mass of changes for the next tax year in just about every section of the tax code. Tax year ... READ ARTICLE

The IRS has annual national Tax Forums where they discuss, among other things, what can make your tax return an audit targeti. The reference is to one forum’s presentation slides ... READ ARTICLE

The tendency is to call anyone starting a business an entrepreneur, and technically that is true. However, there are substantial differences in starting and operating a business if one is ... READ ARTICLE

To get started, the 1031 Exchange gets its name from Section 1031 of the U.S. Internal Revenue Code. It allows an investor to defer paying capital gains taxes when selling ... READ ARTICLE

One of the best decisions many people made during the pandemic was to spin out on their own as self-employed independent contractors. They found that working from home was rewarding ... READ ARTICLE

When seeking an advisor for investing, whether for the short term, long term, or retirement, there are some things that can help you to make a good decision. You want ... READ ARTICLE

When the subject of retirement planning comes up, a lot of the discussion revolves around how much money will be needed in retirement and how to invest to reach that ... READ ARTICLE

Congress and the Biden administration are discussing the ongoing topic of the expected depletion of the Social Security trust account in the not too distant future. The fund’s expected depletion ... READ ARTICLE

There can be good or bad reasons for closing a business, but regardless of the reason, there are considerations you must take into account to satisfy the IRS. You do ... READ ARTICLE