You might have big dreams of hitting the big progressive slot machine jackpot in Las Vegas. Maybe you are a whiz at Texas Hold ‘Em and just know that it is only a matter of time until you make it to the final table of the World Series of Poker. Perhaps blackjack is your game and you are doubling down on your chances of taking your 21 winnings and retiring someday.

One of the most important decisions a Virginia business owner must make is what type of business structure he or she wants to establish.

Pretty much everyone knows that Federal Tax Day – the deadline for filing the previous year’s Internal Revenue Service personal income tax return – is April 15. If you are a Virginia taxpayer, you probably know that the state tax-filing deadline is May 1.

If you own a business, you could be at risk of providing an instrument for money laundering. This is especially true if you operate a business where cash transactions are a normal part of day-to-day business operations.

Taxpayers not only need to know the rules regarding issues such as income they earn, deductions they can claim, and forms they must file, but they also need to understand how their health insurance status could impact their taxes. Here are five big ways that health insurance could matter when it comes to income tax issues.