The many purposes of a valuation

The common assumption of a valuation is that one is only needed during the process of selling a business. However, there are a variety of other reasons to have a valuation performed, including shareholder disputes, marital dissolution or estate and gift purposes.

A new 1040 in 2019

The IRS has proposed changes to the 1040 for 2019. There is currently a draft available to be viewed that starts to look a little more like the 2017 forms. Instead of a possible six schedules you could fill out depending on your tax situation, now there are three.

Back-to-school shopping? Saving receipts can mean valuable tax benefits

The Minnesota Department of Revenue sent out a very useful information sheet on the K-12 Education Credit and the K-12 Education Subtraction.

In the world of tax, there are many credits available.