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When Property Tax Payments “Disappear”: What a Philadelphia Case Reveals About Tax Administration Breakdowns
After a $4,500 property tax payment vanished due to a clerical error, a Philadelphia homeowner faced months of confusion. Here's what taxpayers need to know.
- Why an LLC?
- Learn what an LLC is, how it protects your personal assets, and the pros, cons, and tax options to consider when choosing the right business structure.
- The Weirdest Tax Protests in the Last Century
- From breakdancing at a town hall to red-cap riots in France and Uganda’s “gossip tax,” these are the strangest, most unexpected tax protests of the last 100 years.
- Video Tips: Tax Implications of Lavish and Extravagant
- What is considered “lavish and extravagent business expenses,” and how do they work in terms of tax deductions? Watch this video for an overview.
- Your Annual Reminder to File Worker 1099s
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This is our annual reminder that if you use workers other than employees to perform services for your business and pay them $600 or more for 2025, you are required to issue each one a Form 1099-NEC after the end of the year to avoid facing penalties and the potential loss of the deduction for their labor and expenses.
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