Last week’s blog covered some of the 2022 tax changes that may cause your tax situation to be quite different than it was in 2021. Here are some additional changes…
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The advance monthly payments of the Child Tax Credit ended in 2021, and the IRS has begun sending out letters to taxpayers who received monthly payments that indicate how much…
With the 2021 tax season right around the corner, now is the time to act on your tax planning strategies. Don’t forget any last-minute contributions or purchases that will benefit…
Why is it so important to get Form 8879 back to your tax preparer? If you have used a CPA firm or other tax preparer to file your taxes in…
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…
The 2020 election season has almost ended. What do election outcomes mean for investors? We dug into campaign promises, economic performance, and other issues during our recent webinar, “The election…
Cancellation of debt is an issue that often arises around tax time and is something that every taxpayer should understand. Many people are relieved to reach the end of a…
In his recent State of the Union Address, President Obama introduced America to MyRA (or, “My Retirement Account”) for people who lack employer-sponsored retirement plans. He signed a presidential memorandum…
The IRS offices and call centers are closed! But don’t get excited yet… it’s not going to be a tax holiday. If you call the IRS, you’ll hear the following…
Last Thursday, President Obama stood before a joint session of Congress and called on both parties to pass his new jobs bill and pass it quickly. He has stated that…
