July 2024 Business Due Dates
The July 2024 Business Due Dates
Tax Planning
How Political Donations Can Impact Your Taxes
With political campaigns in full swing, you might be looking to donate to or work for your campaign of choice. But are political contributions tax-deductible?
A Reminder to Stay Ahead with Mid-Year Tax Planning
Planning ahead and making strategic financial decisions mid-year can significantly reduce your tax liability and maximize your savings.
Video Tips: Taxes & Summer Jobs for Your Children
Summer break is the perfect time to explore employment opportunities for your children. Watch this video to learn what tax advantages are there for your child.
Navigating the Complex World of Your Child’s Tax Return
The Kiddie Tax stops high-income parents from shifting investment income to their children by applying higher tax rates to children’s unearned income.
The Taxation of Legal Settlements and Legal Fees
Navigating the taxation landscape of legal settlements and the deductibility of associated legal fees can be a complex endeavor. Learn more.
Discover Tax Benefits for Retired Public Service Officers
The tax code includes several tax benefits available to public safety officers allowing them to maximize these benefits and reduce their tax liabilities.
Tax Implications of Inheriting or Receiving a Home as a Gift
A frequent question, and a situation where taxpayers often make tax mistakes, is whether it is better to receive a home as a gift or as an inheritance.
Gift and Estate Tax Primer
Our gift and estate tax primer is here to help you understand key rules and strategies to optimize your estate planning. Read now.
Installment Sale – a Useful Tool to Minimize Taxes
Using the installment sale method of receiving and reporting the gain from the sale of a capital asset can spread that gain over multiple years and possibly