Holiday Gifts That Offer Tax Benefits for You and Your Loved Ones
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...
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Jul 273 min read
Special Tax Deduction for Self-Employed Health Insurance
In the labyrinth of tax regulations, the self-employed health insurance deduction stands out as a beacon of relief for self-employed...
Apr 65 min read
Deductions and Credits - A Primer
You can use credits and deductions to help lower your tax bill or increase your refund. Deductions can reduce the amount of taxable...
Mar 138 min read
Unique Charitable Giving Options
There are some unique ways to make charitable contributions that can provide tax advantages to the donor. Before deciding about your...
Feb 143 min read
2024 Standard Mileage Rates
As it does every year, the Internal Revenue Service recently announced the inflation-adjusted 2024 optional standard mileage rates used...
Jan 196 min read
Major Tax Sunset on the Horizon
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....
Nov 27, 202310 min read
Taxes and Holiday Gift Giving
The holiday season is customarily a time of giving gifts, whether to your favorite charity, family members or others. Some gifts have tax...
Oct 25, 20232 min read
Tax planning before Thanksgiving
Waiting until after the close of the tax year to worry about your taxes can result in missed opportunities that could have reduced your...
Sep 29, 20233 min read
How Does Education Impact Your Taxes?
The kids are back in school! Things like student loans, scholarships, and fellowship grants can play a role in parents’ and college...
Sep 25, 20233 min read
Top 10 Tax Strategies For Physicians
Strategies for physicians to provide legitimate means to substantially mitigate tax liabilities while adhering to the boundaries of the law.
Sep 19, 20223 min read
Maximizing Your Airbnb Rental Income
If you list your property on Airbnb, you know it has been a remarkable boon for property owners looking to earn income from their...
Sep 12, 20224 min read
Tax strategies during a lower-income year
People generally assume that tax planning only applies to individuals with the big bucks. But think again, as some tax moves benefit...
Sep 7, 20227 min read
How to maximize business deductions
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...
Jul 29, 20224 min read
RMDs and IRA-to-Charity Distribution Provisions
Tax law requires individuals who have reached age 72 to begin taking minimum distributions from their traditional IRA accounts. These are...
Jul 26, 20225 min read
Thinking of Selling Your Home?
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...
Jun 29, 20223 min read
How QuickBooks Online Helps You Track Mileage
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...
Dec 13, 20216 min read
Watch Out for Tax Penalties
Most taxpayers don’t intentionally incur tax penalties, but many who are penalized are simply unaware of the penalties or the possible...
Nov 23, 20217 min read
Don’t miss out! Tax-Saving Strategies to Consider Before Year-End
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,...
Nov 22, 20215 min read
Tax Tips for Holiday Charity Donations
During the holidays, many charities solicit gifts of money or property. This article includes tips for documenting your charitable gifts...
Aug 13, 20212 min read
Protect yourself from an unqualified tax preparer: Choose a CPA
Anyone preparing a tax return for compensation must have a PTIN issued by the IRS, but there are no requirements associated with...
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