The holiday season is a time of giving, and while the joy of gifting is often its own reward, there are ways to make your generosity even...

In the labyrinth of tax regulations, the self-employed health insurance deduction stands out as a beacon of relief for self-employed...

You can use credits and deductions to help lower your tax bill or increase your refund. Deductions can reduce the amount of taxable...

There are some unique ways to make charitable contributions that can provide tax advantages to the donor. Before deciding about your...

As it does every year, the Internal Revenue Service recently announced the inflation-adjusted 2024 optional standard mileage rates used...

Back in late 2017 Congress passed the Tax Cuts & Jobs Act of 2017 (TCJA) that made enormous changes to income tax laws as outlined below....

The holiday season is customarily a time of giving gifts, whether to your favorite charity, family members or others. Some gifts have tax...

Waiting until after the close of the tax year to worry about your taxes can result in missed opportunities that could have reduced your...

The kids are back in school! Things like student loans, scholarships, and fellowship grants can play a role in parents’ and college...

Strategies for physicians to provide legitimate means to substantially mitigate tax liabilities while adhering to the boundaries of the law.

If you list your property on Airbnb, you know it has been a remarkable boon for property owners looking to earn income from their...

People generally assume that tax planning only applies to individuals with the big bucks. But think again, as some tax moves benefit...

As a small business owner, you should always be on the lookout for legitimate ways to minimize your taxes. Waiting for year-end to do...

Tax law requires individuals who have reached age 72 to begin taking minimum distributions from their traditional IRA accounts. These are...

If you sold your home this year or are thinking about selling it, there are many tax-related issues that could apply to that sale. To...

If you drive even a little for business, it’s easy to let mileage costs slide. After all, it’s a pain to keep track of your...

Most taxpayers don’t intentionally incur tax penalties, but many who are penalized are simply unaware of the penalties or the possible...

With the holiday season upon us, the 2021 tax preparation season will soon follow. With the end of the tax year just around the corner,...

During the holidays, many charities solicit gifts of money or property. This article includes tips for documenting your charitable gifts...

Anyone preparing a tax return for compensation must have a PTIN issued by the IRS, but there are no requirements associated with...