by Admin | Jan 9, 2020 | Individual Taxes
Late in 2019, a new 1,770 page bill was signed into law. Deep within the pages of the bill are a number of retroactive tax law changes to current and expired tax laws. These new law extenders are in place for both 2019 and 2020. Here is what you need to know: 2019 Tax...
by Admin | Jan 9, 2020 | Individual Taxes
If you don’t receive a W-2 or 1099, is this a defense to protect yourself from not reporting the income during an audit? In short, the answer is no. You are required to report your income whether your employer or customer filed the correct form or not. So what can you...
by Admin | Nov 15, 2019 | Individual Taxes
Actions you can take before time runs out! Here are five tax saving ideas that can be used by most taxpayers. But act soon, there’s not much time left until our tax year comes to an end. 1. Make late-year charitable donations. Consider making donations with...
by Admin | Oct 4, 2019 | Individual Taxes
These Benefits are not just for kids! Kids aren’t the only ones heading back to school this fall. Many adults are also taking courses to pursue a new career or improve their current job skills. Fortunately, there are several tax breaks for adult students. Here are...
by Admin | Sep 9, 2019 | Individual Taxes
It’s possible that someone in your family will need assisted living care at some point in their life. This care can be at an assisted living facility, a nursing home, or in their own home. Often, assisted living care is expensive and not fully reimbursable by...
by Admin | Aug 30, 2019 | Individual Taxes
Does your child, grandchild, or someone else you know need a place to live while attending college? Instead of renting a dorm or apartment, buying a condo or small house might make more sense. This can save money and provide tax breaks, but you need to do the math and...
