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Showing 229-240 of 254 items
Beware of syndicated conservation easement tax deductions and other red flags
Professional skepticism is an attitude that includes a questioning mind and a critical assessment of the evidence. In exercising professional...
Business
Scholarships are usually tax free but they could result in taxable Income
The costs of education continue to rise year after year. Tuition, fees, books, school supplies are just a few of...
Tax
Is your parent moving into a nursing home soon? Take advantage of these 5 tax saving tips
If you have a parent moving into a nursing home, the first thing on your mind might not be taxes....
The IRS is Hiring…What does this Mean?
The word on the street is that the IRS is in the process of adding thousands of new employees, gearing...
Should I opt out of the Advance Child Tax Credit?
What is the advance child tax credit? Who is eligible for payments? Who should consider opting out? Katy Mering, CPA,...
3 Ways to Save Taxes While Saving for College
If you have a child or children that are college-bound, you may be stressing over the future funding of tuition...
Paying Medicare premiums? Don’t miss a tax deduction.
Are you age 65 and older and have basic Medicare insurance? If you don’t have the level of coverage that...
Many parents will receive advance tax credit payments beginning July 15, 2021
The IRS has announced that under the American Rescue Plan Act (ARPA), eligible parents will begin receiving payments for advance...
May 17, 2021 Deadline Day – Pay to Avoid Penalties
As many have heard, the 2020 individual income tax filing deadline was moved to May 17, 2021. This deadline is...
Unemployed last year? Buying health insurance this year? You may benefit from favorable new changes.
In recent months, there have been several tax changes that may affect your individual tax bill. Many of these changes...
REMINDER: Due dates for 2020 tax returns and the change of “Tax Day” to May 17th
Internal Revenue Service announced that the federal 1040 income tax filing due date for individuals for the 2020 tax year...
Do you qualify as the “head of household” for filing purposes?
An individual’s filing status determines the rate they are taxed and their allowable standard deduction. The head of household filing...
