Expanding your solar system? Don't miss the Solar System Expansion Tax Credit! It can reduce your tax bill, with unused credits carried over. Watch this video to maximize savings!
Discover the essentials of inheritance taxes in our latest video, where we break down the differences between estate and inheritance taxes and who is responsible for paying them. If you have any questions or need personalized advice, don't hesitate to contact this office for expert assistance.
Are you having an abnormally low-income year? In this video, we share 7 effective methods to optimize your tax situation, including leveraging IRA conversions and capitalizing on the zero capital gains tax rate. Stay tuned to learn how you can make the most of your financial circumstances and potentially reduce your tax liability.
Volunteering for a non-profit charity can offer valuable tax breaks and advantages with itemized tax deductions. Watch this video for a quick view of what qualifies as deductible out-of-pocket expenses.
Watch this video for a quick overview of how business owners can take advantage of business meal deductions.
Watch this video to learn what and how you can deduct your insurance premiums at the end of tax year if you are self-employed.
If you're starting a business, choosing the right business entity is one of your most critical decisions. Contact us for assistance.
In this video, we'll explore how tax exemption works for Olympic prizes and what it means for the athletes' hard-earned winnings.
Watch the video for a brief overview of how Back Door Roth IRAs can help you boost your retirement savings.
On June 20, 2024 the IRS announced significant updates regarding the processing of Employee Retention Credit claims. Watch this video to learn more.
Learn how you can save on taxes by making charitable contributions directly from your IRA.
Too often, taxpayers wait until after the close of the tax year to worry about their taxes and miss tax planning opportunities that they could have taken during the year. By planning ahead and making strategic financial decisions mid-year, you can significantly reduce your tax liability and maximize your savings.
Summer break is the perfect time to explore employment opportunities for your children. Watch this video to learn what tax advantages are there for your child.
If you are getting married this year, there is a long list of things you need to be aware of and plan for before tying the knot that can have a significant impact on your taxes.
With political campaigns in full swing, you might be looking to donate to your campaign of choice. But are political contributions tax-deductible? Watch this video to find out!
Discover what to do when you receive an IRS letter in your mailbox. With computer matching driving audits, our experts can help ease the anxiety.
Thinking of discarding your old tax records? Consider these tips before doing so.
Although the retirement phase of life may seem to be far in the future, to retire comfortably, people should start planning for it early in life.
Employees should become familiar with and take advantage of the tax- and financially-favored benefits offered by their employers. Watch this video for more details.
The tax code places limits on the amounts that individuals can gift to others (as money or property) without paying taxes.