Are you ready for the 2021 gift tax return deadline?

Are you ready for the 2021 gift tax return deadline?

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...
Paul David Thompson – WinCore Invest

Paul David Thompson – WinCore Invest

Episode Transcription 00:00:00 – Glenn Harper Hello, everybody. This is the Harper Plus podcast, I’m making entrepreneurs great, Glenn Harper. 00:00:06 – Julie Smith This is Julie Smith, 00:00:07 – Glenn Harper And our guest today is Paul...
Can you deduct the costs of a spouse on a business trip?

Can you deduct the costs of a spouse on a business trip?

If you own your own company and travel for business, you may wonder whether you can deduct the costs of having your spouse accompany you on trips. The rules for deducting a spouse’s travel costs are very restrictive. First of all, to qualify, your spouse must be your...
An Overview of the Credit for Other Dependents

An Overview of the Credit for Other Dependents

Taxpayers with dependents who don’t qualify for the child tax credit may be able to claim the credit for other dependents. This is a non-refundable credit. It can reduce or, in some cases, eliminate a tax bill but, the IRS cannot refund the taxpayer any portion...