Blog
Reminder: Social Security Benefits May Be Taxable
Social Security benefits include monthly retirement, survivor, and disability benefits; they do not include Supplemental Security Income (SSI)...
Tax Breaks for Taxpayers Who Itemize
Many taxpayers opt for the standard deduction, but sometimes itemizing your deductions is the better choice - often resulting in a lower tax bill....
Filing a Tax Return: Avoid These Common Errors
While not all mistakes on tax returns cause delays in refunds, as the April 18 deadline approaches, taxpayers are advised to steer clear of the...
Tax Breaks for Older Adults and Retirees
Everyone wants to save money on their taxes, and retirees and older adults are no exception. If you’re 50 or older, here are six tax tips that could...
Working Remotely Could Affect Your Taxes
When COVID-19 struck, many employers quickly switched to a work-from-home model for their employees. Many of them began working in a state other...
Three Tips for Getting an Accurate Business Valuation
If you’re conscientious about financial reporting, you may already have a sense of your company’s worth, but in some instances, you might need a...
What’s New for IRS Form 1040 This Year
If you’ve gathered your tax documents and are ready to tackle your tax return, there’s one more step you should take: becoming familiar with what’s...
Qualifying for Tax Breaks for a Dependent Parent
Qualifying for Tax Breaks for a Dependent Parent For many families, the tables may turn, and adult children provide financial support for their...
Do You Owe the Nanny Tax?
Do You Owe the Nanny Tax? The COVID-19 pandemic has changed the dynamics of many households. In most cases, schools stopped or limited in-person...
