Video Tips: Tax Relief for Hurricane Ian Victims
The IRS is offering tax relief for individuals and businesses within any area designated by FEMA to be impacted by Hurricane Ian.
ABLE Accounts and Individuals With Disabilities
A federal law permits individuals who became disabled before reaching the age of 26 to have up to $100,000 in an ABLE account, without jeopardizing their eligibility for Medicaid or Supplemental Social Security Income eligibility. Read more.
Personal Finance Tips from Warren Buffett
Buffett developed a plan for himself when it came to finances, and he acted on that plan meticulously over the years. Learn more.
Video Tips: Improperly Forgiven PPP Loans Are Now Taxable
When a PPP loan is forgiven based upon misrepresentations or omissions, it is not eligible for income exclusion and must be included in the tax return.
Tax Relief for Victims of Hurricane Ian
The Federal government provides special tax law provisions to help taxpayers and businesses recover financially from the impact of a disaster. Read more.
Increased Tax Credits for Home Builders
As part of the Inflation Reduction Act, passed in August 2022, contractors will benefit from the increased tax credit for building Energy Efficient New Homes, effective January 1, 2023. In addition, the credit has been extended through 2032.
Health Savings Accounts Fill Multiple Tax Needs
A frequently overlooked tax benefit is the Health Savings Account, which can serve dual purposes as a tax-deductible savings account for paying medical expenses and as a retirement account that functions similar to a traditional IRA.
Tax Deductions for First-Time Homeowners
First-time homeowners should make themselves familiar with authorized deductions, and programs that can assist with home ownership and that can be beneficial.
Have You Explored QuickBooks’ Insights and Snapshots Pages?
QuickBooks is good at finding information quickly. The software’s Insights and Snapshots pages can provide fast, thorough overviews of your finances.
