Under the Affordable Care Act, certain employers–known as applicable large employers (ALEs)–are subject to the employer shared responsibility provisions. Whether you are an ALE or not, now is the time…

Written by Peter Kennedy, Director, for The Delaware Business Times Who carries cash anymore?  A Bankrate.com survey from several years ago found that 78% of Americans carry less than $50…

There are a number of end of year tax planning strategies that businesses can use to reduce their tax burden for 2016. Here are a few of them: Deferral of…

Certain energy-efficient home improvements can cut your energy bills and save you money at tax time; however, most of these energy-related tax credits are scheduled to expire at the end…

Approximately 4.2 million employees are expected to benefit from the new overtime rule that goes into effect on December 1, 2016. Here’s what employers need to know about the new…

Miscellaneous deductions, such as certain work-related expenses you paid for as an employee, can reduce your tax bill, but you must itemize deductions when you file to claim these costs.…

Lending money to a cash-strapped friend or family member is a noble and generous offer that just might make a difference. But before you hand over the cash, you need…

Millions of people enjoy hobbies such as stamp or coin collecting, craft making and horse breeding, but the IRS may also consider them a source of income. As such, if…

When you decide to start a business, one of the most important decisions you’ll need to make is choosing the right business entity. It’s a decision that impacts many things–from…