How are Disability Income Benefits Taxed? Jul 14, 2022If you’ve recently begun receiving disability income, you may wonder how it’s taxed. The... read more
Should You and Your Spouse File Separate Tax Returns? Feb 21, 2022If you’re married, you may wonder whether you should file joint or separate tax returns.... read more
Claiming Casualty Loss Tax Deduction in Certain Situations Sep 9, 2021In recent weeks, some Americans have been victimized by hurricanes, severe storms,... read more
The Tax and Nontax Benefits of Hiring Your Children Jun 1, 2021If you’re a business owner hiring your children this summer, you can obtain tax breaks... read more
Save for Retirement by Maximizing Your 401(k) Plan Dec 9, 2020Contributing to a tax-advantaged retirement plan can help you reduce taxes and save for... read more
You Might Need to Return Your EIP Jun 30, 2020The IRS and the U.S. Treasury had disbursed 160.4 million Economic Impact Payments (EIP)... read more
Was Your Economic Impact Payment Lower Than Expected? May 27, 2020Nearly everyone has heard about potentially receiving an Economic Impact Payment (EIP),... read more
How Holiday Parties and Gifts Can Provide Tax Breaks Dec 3, 2019With Thanksgiving behind us, the holiday season is in full swing. At this time of year,... read more
How IRA Charitable Donations Can be Beneficial Oct 29, 2019Are you charitably minded and have a significant amount of money in an IRA? If you’re... read more
Does Volunteering for Charity Get You a Tax Break? Jul 9, 2019If you’re a volunteer who works for charity, you may be entitled to some tax breaks if... read more