Blog
Is Disability Income Taxable?
If you may be eligible for disability income should you become disabled, it’s important to know whether that income will be taxable. As is often the...
Withdrawing ERC Claims
Recently, the IRS halted processing of claims for the Employee Retention Credit (ERC), due to a high volume of fraudulent claims. The moratorium is...
How To Be Ready To Secure a Business Bad Debt Deduction on Your 2023 Tax Return
Is your business having trouble collecting payments from clients or vendors? You might be able to claim a bad debt deduction on your tax return. But...
Don’t Get Carried Away by a Windfall
Receiving a sudden and sizable influx of cash may seem like a dream come true. It can be, but many people get carried away and end up in worse...
The Ins and Outs of the Home Office Deduction
The pandemic changed the landscape of work for a lot of people, including the numerous business owners who...
Moving Out of State? Learn All the Tax Implications First
With so many people working remotely these days, thinking about moving to another state has become common —...
IRS to Stop Processing Employee Retention Tax Credit Claims
The IRS issued a notice on September 14th, 2023 ordering an immediate stop to processing all new claims for the Employee Retention Tax Credit...
Employee Retention Tax Credit (ERTC) Scams and Fraud
The rise of "ERTC Mills" has caused widespread confusion and increased the potential for fraud. These entities exploit the system, intensifying the...
Minimizing Capital Gains Tax on Sale of a Home
If you're looking to sell your home this year, then it may be time to take a closer look at the exclusion...