You May Qualify for a Small Business Home Office Deduction
If you run a small business from your home and meet specific IRS rules, you might qualify for the home office deduction.
Charitable Tax Deduction Peculiarities
Charitable contributions are deducted as part of a taxpayer’s itemized deductions on IRS Schedule A.
Tax Deductions for Educators (Video Blog)
Tax Deductions for Educators – A helpful tip for our beloved teachers
Tax Debt Solutions (Video Blog)
Although most (74% in 2020) American taxpayers receive a refund each year when they file their income tax returns, there are those who for one reason or another end up owing.
A Quick Look at Inheritance Taxes (Video Blog)
A Quick Look at Inheritance Taxes Proper planning can help prevent unexpected outcomes. Things you need to know about Inheritances Inherited traditional IRAs are generally taxable to a beneficiary.
2021 Extended Earned Income Tax Credit (Video Blog)
Extra help for families when filing 2021 tax return Important Enhancements to the Earned Income Tax Credit for 2021.
Tax Deductions Without Itemizing
Most taxpayers think they have to itemize their deductions to claim them on their tax return. However, that is not entirely true. There are certain tax deductions that can be claimed while still using the standard … Read More
Obscure and Overlooked Tax Deductions, Credits, and Benefits
As tax time approaches, here are some tax issues that taxpayers frequently overlook, ranging from obscure deductions to overlooked tax credits and benefits. Of course, not everything can be included since the tax law has grown … Read More
Five Ways to Get Audited
by Alex Franch, Tax Specialist In 2012, Americans filed 145 million individual income tax returns. 1.4 million of those returns will receive some level of examination from the IRS. Here are a few ways to draw … Read More