Blog
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...
Tax Breaks for Teachers and Educators
It's almost time for the start of the new school year, and teachers and other educators should know that they can still deduct certain unreimbursed...
The Difference Between a Hobby and a Business
A hobby is any activity that a person pursues because they enjoy it and with no intention of making a profit. In contrast, people operate a business...
Dirty Dozen Tax Scams for 2022
Dirty Dozen Tax Scams for 2022 The "Dirty Dozen" is a list of common tax scams that target taxpayers. Compiled and issued annually by the IRS, it...
What Teen Entrepreneurs Should Know About Taxes
What Teen Entrepreneurs Should Know About Taxes Teens and young adults often go into business for themselves over the summer or after school. This...
Standard Mileage Rates Increase for Remainder of 2022
The optional standard mileage rate, which taxpayers may use to calculate the deductible costs of operating an automobile for business and certain...
