Paying taxes is a civic responsibility that every working American is subjected to. However, millions of Americans find themselves in hot water with the IRS. Some intentional and others are […]
IRS
Tax Scams You Should Be Aware of That Could Get You in Trouble with the IRS
Tax filing season is a source of stress for just about everyone. That extra stress and uncertainty ramps up and up, and you never know if you must write a […]
Unexpected Tax Increases: Factors to Consider for Year-Round Tax Planning
Proper tax planning is a crucial aspect of financial management that should be addressed throughout the year. Waiting until April to assess your tax liability is a risky move. To […]
Avoid Tax Troubles: How Amended Tax Returns Can Save Your Day
Filing your tax return accurately is crucial to avoid unnecessary tax troubles. However, it’s not uncommon to discover errors or overlooked information after you’ve already filed. Fortunately, the Internal Revenue […]
How to use your tax credits that are carrying over each year
A tax carryover credit is a type of tax credit that you can carry forward to future tax years if you don’t have enough tax liability to use the credit […]
What you should know about solar tax credits
Going solar has never been more affordable and accessible, thanks to various tax credits offered by the government. These incentives are designed to make it easier for homeowners to switch […]
So you are looking at purchasing an EV and want to know the tax consequences
The federal government provides a tax credit for individuals who purchase certain electric vehicles (EVs). The credit is designed to encourage the use of EVs as a way to reduce […]
Tax credits for self-employed business owners effected by COVID-19
Being self-employed for some is the American dream. You get to set your own hours, take off when you want and choose who to work with. The downsides are the […]
2021 tax changes to be aware of for businesses.
2021 business taxes are due soon. The deadline is March 15th. If you do not want us to automatically extend your taxes, we must have your information in our office […]
What you need to know about the child tax credit
The American Rescue plan recently passed by congress has one provision that will affect anyone who has a child. The child tax credit was raised and is now not only […]