Individual situations are unique, and there are no one-size-fits-all tax planning strategies.

Tax planning is important! Do it!

A passive activity is a business activity in which the taxpayer does not materially participate.

Business taxpayers are required to file and pay tax in every municipality where income is earned. The new plan is for the state to administer the business net profit tax.

A C Corporation is the most common type of corporation in the United States.

Attaining a birthday may entitle an individual to a special tax break or end entitlement to another.