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...
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Tax
03/30/2022
The tax rules you need to know for renting out a vacation property
Do you own a vacation home, cabin, or cottage? With summer just around the corner and the weather warming up,...
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Tax
03/30/2022
2022 Q2 tax calendar: Key deadlines for businesses and other employers
Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of...
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Business
03/17/2022
Do you have employer stock in your retirement account?
There is a little-known strategy you can use if you have highly appreciated employer stock in your ex-employer’s retirement account...
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Tax
03/15/2022
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...
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Financial News
03/09/2022
Did you have any charitable contributions in 2021? Here are the requirements to deduct these donations.
You may receive a letter from an organization you donated to that acknowledges your contribution in the mail. But what...
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Tax
03/04/2022
Are you ready for the 2021 gift tax return deadline?
If you made large gifts to your children, grandchildren, or other heirs last year, it’s important to determine whether you’re...
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Tax
02/15/2022
Understanding Sales and Use Tax on Services – Taxable and Non-Taxable Activities Depend on the State
Although many believe that services are exempt from sales and use tax, only a few states exempt all services. On...
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Business
02/08/2022
Good recordkeeping is good business and will help if you’re audited
Recordkeeping is an important part of running any small business. In fact, keeping good records helps business owners make sure...