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Determining the value of items on your tax return is always open to interpretation. You do not want that to happen to you during an audit, as it can lead to additional taxes and penalties. Here are some tips to help defend your Fair Market Value (FMV) determinations.
The coronavirus pandemic is quickly changing laws and taxes. Here is a summary of the most important changes affecting you, your family and your business.
With the April 15 tax filing deadline right around the corner, here are answers to some common tax questions.