Welcoming a new addition to the family is an exciting and joyous time, but it can also bring financial challenges. Fortunately, there are several tax breaks available to new parents […]
tax
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 […]
what information should I give my tax preparer
It is important to provide your tax preparer with all of the necessary documentation and information needed to prepare your tax return accurately. This may include: Personal identification information for […]
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 […]
What to do if your crypto provider is indited by the US goverment
If your crypto provider is indicted by the U.S. government, it is important to carefully consider your options and seek professional guidance. Here are a few steps you may want […]
1099 requirments for business owners
If you are a business owner, you may be required to file 1099 forms for payments that you make to certain individuals or entities. Specifically, you are required to file […]
Prep for FAMLI if you own a business and live in CO
If you live or work in CO, this will go into effect on January 1st. 2023. If you do not live in CO, please check with us to see if […]