Disability Proceeds – Taxable or Tax-free? It depends!
If you are someone who recently began receiving disability income you may have asked yourself the question, how will this...
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Business
06/28/2022
2022 Q3 tax calendar: Key deadlines for businesses and other employers
Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2022. Keep...
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Business
06/27/2022
Estate Planning and Income Tax: Have a Plan
As of 2022, the current estate tax exemption is $12.06 million, allowing many to disregard concerns with federal estate tax....
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Tax
06/10/2022
Do you have to pay tax on Social Security?
Finding out your Social Security benefits may be taxable is a surprise to some taxpayers. The answer to the question...
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Tax
06/10/2022
IRS Mileage Rate Increased in Response to High Gas Prices
Effective July 1, 2022, the IRS has increased the 2022 standard mileage rate to 62.5 cents per mile. This is...
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Tax
06/01/2022
How Series EE Savings Bonds are Taxed
August 2024 Update: Read our most up-to-date blog on this topic by following this link! Parents and relatives often purchase...
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Tax
06/01/2022
How the Sale of Your Home Affects Taxes
The housing market is sizzling hot right now and has been for the last 18 – 24 months. Home inventories...
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Tax
05/18/2022
Got a Letter From Uncle Sam? Don’t delay in responding.
The IRS sends notices or letters for a variety of reasons; a change to your return, a balance due, or...
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Tax
05/18/2022
What charitable contributions require a qualified appraisal?
Some high-valued contributions to charity will require a qualified appraisal. The IRS requires documentation from the donor and charitable organizations...
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Tax
05/18/2022
4 Tax Breaks for Caring for an Elderly Relative
Have you been taking care of an elderly parent, grandparent, or dear friend? You may be eligible for these 4...
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Tax
04/12/2022
3 things to do after you file your tax return
The tax filing deadline for 2021 tax returns is April 18 this year. After your 2021 tax return has been...
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Tax
04/06/2022
Tax Implications of Selling Mutual Fund Shares
If you’re an investor in mutual funds or you’re interested in putting some money into them, you’re not alone. According...
