Tax

Most of us are familiar with 401(k) plans and Simple IRA plans and their benefits for reducing taxable income and...

An Identity Protection Personal Identification Number (IP PIN) is a six-digit number assigned by the IRS to prevent tax-related identity...

When starting a business one of the most important decisions to make is your entity’s structure. One common entity structure...

The IRS has announced new tax relief measures for individuals and businesses impacted by the wildfires and straight-line winds that...

As the 2025 tax year winds down, the IRS has provided the new standard mileage rate for 2025 business miles....

Medicare health insurance premiums can add up, but by planning ahead at tax filing time can save you money in...

Update 3/25/25: On March 21st, FinCEN issued interim guidance for US business owners regarding BOI filing requirements. This guidance removed...

The Inflation Reduction Act (IRA), enacted in 2022, created several tax credits aimed at promoting clean energy. If you have...

Have you reached the age of 70½ and are looking for ways to save on tax? If so, qualified charitable...

Update 3/25/25: On March 21st, FinCEN issued interim guidance for US business owners regarding BOI filing requirements. This guidance removed...

Update 2/18/25 : BOI reporting is back on. The US District Court granted a stay in the Smith v US...

Not all interest that an individual pays is deductible. The rules for deducting interest vary, depending on whether the loan...