Blog
Understanding Marginal vs. Effective Tax Rates
Understanding marginal and effective tax rates are important for tax planning purposes; however, many taxpayers don’t fully understand the...
What To Know About IRS Letters and Notices
When the IRS needs to ask a question about a taxpayer’s tax return, notify them about a change to their account, or request a payment, it often...
Homeowner Records: What to Keep and How Long
Keeping full and accurate homeowner records is not only vital for claiming deductions on your tax return, but also for determining the basis or...
Retirement Plan Options for Small Businesses
According to the US Small Business Administration, small businesses employ half of all private-sector employees in the United States. However, a...
Small Employer Health Reimbursement Arrangements
Small employer HRAs or QSEHRAs (Qualified Small Employer Health Reimbursement Arrangements) allow small businesses without group health plans to set...
Key Tax Provisions of the Inflation Reduction Act of 2022
The Inflation Reduction Act (IRA), signed into law on August 16, 2022, includes provisions affecting businesses, individuals, the clean-energy...
New Job? Don’t Forget About Your 401(K)
One of the most important questions you face when changing jobs is what to do with the money in your 401(k) because making the wrong move could cost...
Understanding Your Rights as a Taxpayer
By law, all taxpayers have fundamental rights when interacting with the IRS, and all taxpayers should know and understand their rights. Ten...
Got Cash? What To Do With a Windfall
A cash windfall is any amount of money that you didn't expect to receive and is over your regular income. Most would consider it to be any amount...
