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Planning On Buying a New Electric Vehicle and Claiming a Tax Credit? Better Read This First

by Admin | Mar 7, 2023 | Individual Taxes, Tax Planning

Although the credit for purchasing a new electric vehicle can still be as much as $7,500, Congress has added some new stringent qualifications as to which vehicles qualify, and for the first time Congress has limited who qualifies for the credit by barring the credit...

Who Claims the Children’s Tax Benefits You or Your Ex-Spouse?

by Admin | Mar 2, 2023 | Individual Taxes

If you are a divorced or separated parent, a commonly encountered but often misunderstood issue is who claims the child or children for tax purposes. This is sometimes a hotly disputed issue between parents; however, tax law includes some very specific but complicated...
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