by Admin | Sep 24, 2022 | Individual Taxes
If you could not complete your 2021 tax return by April 18, 2022 and are now on extension, that extension expires on October 17, 2022. Failure to file before the extension period runs out can subject you to late-filing penalties. There are no additional extensions...
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...
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...
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....
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...
by Admin | Sep 13, 2022 | Individual Taxes, Tax Planning
People generally assume that tax planning only applies to individuals with the big bucks. But think again, as some tax moves benefit lower-income taxpayers and those who are having a lower-than-normal income year. So, if 2022 is not producing a lot of income for you,...
