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Showing 253-264 of 282 items
Business Automobiles Tax Depreciation Rules
Do you use an automobile in your trade or business? Many people wonder how depreciation tax deductions are determined for...
Business
Getting a divorce? Be aware of tax implications
Divorce is unpleasant. An unexpected tax outcome can add insult to injury. Generally, in a divorce, all the marital property...
Tax
Where’s my IRS refund and why is it taking so long to process?
It’s almost football season, and many tax filers are still waiting for their 2020 tax refunds to arrive in the...
Everything You Need to Know About ABLE Accounts and the Associated Tax-Advantages
In 2014, the Achieving a Better Life Experience (ABLE) Act was passed which allowed people to save for the needs...
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...
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...
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...
