Whether you have a side-hustle that’s starting to bring in significant income or are launching a brand new venture, you may be feeling concerned about the mounting costs of operating…
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The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) provided many tax provisions intended to help small businesses make it through the pandemic. A couple of key small business…
A group of tax deductions and credits have been extended into 2021 and beyond, and qualifying taxpayers may want to start planning now. These tax credits and deductions can really…
If the transition to remote work due to the pandemic led you to flee a high-tax state and relocate to a state with a lower cost of living, there is…
The IRS’ audit rate on individual income tax returns was 0.59% in 2018, which represented the lowest rate in the prior 17 years. Households in all tax brackets saw a…
As we’re in the final crunch period to complete 2018 tax returns, we’ve been answering numerous questions about tax deductions. Here are some of the most significant changes our clients…
In most cases, tax-exempt organizations have little to be excited about when the government starts handing out cash. Since they don’t pay taxes, they usually don’t get tax deductions or…
With rare bi-partisan support, a bill is being pushed through the House and Senate this week to make 2010 donations to Haiti deductible in 2009. Those who have been donors…
