August 15, 2022 The Inflation Reduction Act: Tax Provisions The Inflation Reduction Act is about to become law. Learn how its tax provisions might affect you. Read More
August 11, 2022 Estimated Tax Payments: Who Owes Them And When Is The Next One Due? Self-employed taxpayers make quarterly estimated tax payments. But even if you’re not self-employed, you may make them to avoid a … Read More
August 2, 2022 Is Your Withholding Adequate? Here’s How To Check A big tax bill may mean you don’t have the right amount of tax withheld from your paycheck. Here’s how … Read More
July 27, 2022 How To Avoid The Early Withdrawal Tax Penalty On IRA Distributions If you take money out of your traditional IRA before age 59½, you’ll have to pay a penalty. But there … Read More
July 21, 2022 The Kiddie Tax: Does It Affect Your Family? Do your children have investment income? They may owe “kiddie tax.” Here are the basic rules and regulations. Read More
July 18, 2022 Interested In An EV? How To Qualify For A Powerful Tax Credit Many people are thinking about buying electric vehicles because of the many benefits. Check out the federal tax break that … Read More
July 6, 2022 How Disability Income Benefits Are Taxed In some cases, disability income is taxable by the federal government. In other cases, it isn’t. Here are the rules. Read More
June 29, 2022 Vehicle-Related Expenses: Can Individual Taxpayers Deduct Them? Rather than keeping track of your actual vehicle-related expenses, you may be able to use a standard mileage rate to … Read More
June 21, 2022 Five Tax Implications Of Divorce Getting a divorce can be a difficult process. You don’t want to make it worse by making decisions that will … Read More
June 15, 2022 Your Estate Plan: Don’t Forget About Income Tax Planning With the federal estate tax exemption currently so large, you may want to devote more time to saving income taxes … Read More
June 13, 2022 Social Security Benefits: Do You Have To Pay Tax On Them? Some people are under the misconception that Social Security benefits are always free from federal income tax. So they may … Read More
May 31, 2022 Is It A Good Time For A Roth Conversion? If the value of your portfolio is down, you may want to turn the stock market downturn into a tax-saving … Read More