The Child Tax Credit is for More Than Just Parents
Even people who are familiar with the Child Tax Credit (CTC), might not realize that you don’t necessarily have to be the […]
Overview of the Inflation Reduction Act
The Inflation Reduction Act (IRA) signed by President Biden in August 2022 includes a variety of tax provisions that will impact U.S. […]
Know What’s Deductible After Buying a Home
Buying a home a is a big step for many people, but lots of times it comes with a big learning curve. […]
Tax Deductions for Educators
School is back in session in most areas, and students and teachers are again returning to the classroom. It’s unfortunate, but many […]
Is Your Worker a Contractor or an Employee?
As a business owner, you might pay an independent contractor and an employee for similar – or even the same – work, […]
IRAs Are One Tool in the Retirement Toolbox
There are many ways people plan for retirement. Individual Retirement Arrangements, or IRAs, are a common one. IRAs provide tax incentives for […]
A Primer on Business Related Travel Deductions
Business travel can be costly. Hotel bills, airfare or train tickets, cab fare, public transportation – it can all add up fast. […]
Increased Mileage Rate for Remainder of 2022
The Internal Revenue Service announced an increase in the optional standard mileage rate for the final 6 months of 2022. Taxpayers may […]
Kids, Summer Jobs, and Taxes
A lot of young people find themselves going into business each summer. Jobs like babysitting, lawn mowing, and dog walking teach responsibility […]
It’s Time to Review Your Federal Withholding
It’s that time of year again. Summertime! The time of year when we all enjoy warm weather, vacation, and reviewing our federal […]