Excess Retirement Plan Contributions Can Be Taxing
Some individuals financially struggle just to be able to make a nominal contribution to their tax-favored retirement plan, whether it be an IRA, 401(k) plan, or
Retirement Planning
Take Advantage of the Education Tax Credits
As with everything taxes, the devil is in the details, and that includes the education tax credits, which come in two types with some different rules for each.
Videos & Info Graphics
Want to Turn Your Business Loss to a Profit?
If your business profits need a second look, feel free to reach out to us to talk things over.
Tax Central
Crowdfunding Can Have Unexpected Consequences
Raising money through Internet crowdfunding sites prompts questions about the taxability of the money raised. A number of sites host money-raising projects for
For Business
Don’t Overlook These Essential Small Business Tax Credits
From the general business tax credit to the new markets credit, there are endless tax credit opportunities for your small business to save money on your taxes.
Tax Central
Are Solar-Powered Batteries the Answer to Power Outages?
Over the past few years, several wildfires have been blamed on power lines downed during periods of low humidity and gusty winds, which typically occur in the f
Life Events
Deducting the Costs of Modifications for Senior-Proofing a Home
While Americans may argue about any number of hot-button political topics, there’s no disagreement on one issue: the country’s population is aging&h
Tax Central
Should You Have an Identity Protection PIN?
With the passage of the Taxpayer First Act in mid-2019, the Treasury Department (i.e., the IRS) is required to establish a program to issue an identity protecti
Videos & Info Graphics
Video: The Difference Between a Tax Credit and Tax Deduction.
In general, a deduction reduces taxable income, whereas a credit reduces the tax itself. Learn more.
