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Life Changing Events Can Impact Your Taxes

by Admin | Sep 22, 2022 | Individual Taxes, Tax Planning

Throughout your life there will be certain significant occasions that will impact not only your day-to-day living but also your taxes. Here are a few of those events: Getting Married – If you just got married or are considering getting married, you need to be aware...

What You Need to Know About the 2022 Virginia One-Time Tax Rebate

by Admin | Sep 21, 2022 | Individual Taxes

The 2022 Virginia General Assembly passed a law earlier this year giving taxpayers with a liability a rebate of up to $250 for individual filers and up to $500 for joint filers. Virginia will send eligible taxpayers a one-time rebate of up to $250 for individuals and...

Inflation and an Economic Slowdown: A Double Whammy for your Finances

by Admin | Sep 20, 2022 | Individual Taxes, Tax Planning

Newspapers and media reports have been filled with talk of inflation and recession. Experts are arguing about the definition of the latter. Pundits are pondering whether the slow down reflected in the latest consumer price index report means that inflation has peaked....

Basic Things All Businesses Should Know About Excise Tax

by Admin | Sep 15, 2022 | Business Taxes, Tax Planning

Basic things all businesses should know about excise tax. (2022, August 1). Internal Revenue Service. Retrieved August 11, 2022, from https://www.irs.gov/newsroom/basic-things-all-businesses-should-know-about-excise-tax “Excise tax is an indirect tax on specific...

Best time to search for a CPA is long before tax season arrives

by Admin | Sep 14, 2022 | Business Taxes, Individual Taxes

“With income tax filing season already upon us, some small business owners are likely thinking of finding an accountant or other tax professional, or maybe changing over to a new one. “Ideally, the search for a new certified public accountant takes place...
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