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Blog Author: Alexi Needham

How to qualify for the QBI deduction and year-end strategies to maximize this deduction

As a business owner, you may have heard others mention QBI, Section 199A, or the pass-through deduction. These are all common ways to refer to the qualified business income (QBI)

Roth Conversions – is this the right time to pull the trigger?

Has the recent dip in the stock market caused your retirement account to lose value? This could be the perfect time to take advantage of converting your traditional IRA to

Did you lose your job? Here are the tax implications you need to know

Although the job market appears to be booming, some people are still losing or just leaving their current jobs. If you find yourself in this situation, taxes are probably the

Company Tax Savings for Holiday Gifts and Holiday Parties

The calendar year is winding down and the holiday season will soon be upon us. Last year the pandemic caused many holiday parties to be canceled, so this year your
stethoscope on top of money

Tax Planning for Medical Expense Deductions

You may be able to deduct some of your medical expenses, including prescription drugs and dental expenses, on your federal tax return. However, less people are itemizing, and thresholds are

Can my nonworking spouse contribute to an IRA?

When one spouse does not work outside of the home, it can be hard for married couples to save for retirement especially if they are caring for their children or