The Brilliant Blog

Business news, tax policy updates, pro accounting tips, tutorials for QuickBooks, software reviews, & more.
Tax

How Long Should You Keep Old Tax Records?

Here's how to determine which tax documents should be kept and which can be disposed of after a certain period...

Tax

Minimizing Tax on Social Security Benefits

Find out if your social security benefits are taxable and how to minimize taxes on your benefits:

Tax

Congress Introduces Tax-Preparer Regulation Legislation

Congress is working on regulating untrained tax preparers, who may have overlooked your deductions and credits due to the pandemic:

Tax

Getting Married and Related Tax Issues

Getting married has tax implications that newlyweds need to consider. Tax problems and surprises can be avoided by taking certain...

Tax

4 of the Most Common IRS Tax Problems

The IRS may contact you about your tax return for many reasons. Here are 4 common reasons the IRS may...

Tax

With the Potential Higher Capital Gains Rate Looming Interest in Opportunity Zone Funds Renews

The Biden administration released its 2022 fiscal year budget. Here are details of some of the proposed tax changes:

Tax

Should You Opt Out of the Advance Child Tax Credit?

If you have children under 18, you might've already received the first Advanced Child Tax Credit. Learn why may be...

Tax

Mid-Year Tax Planning Checklist

Planning taxes in mid-year is a smart move. Here is a list of several life events that may trigger tax...

Tax

Tax Breaks for Grandparents

Grandparents raising their grandchildren should be aware of a variety of tax breaks that may ease their financial burden: