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,...
by Admin | Sep 6, 2022 | Individual Taxes, Tax Planning
Expanding your family? Whether you’re in the planning stages or your bundle of joy has already arrived, raising a child is one of life’s greatest joys — and biggest expenses. And we’re not just talking about the costs of college. From diapers to daycare, from braces...
by Admin | Sep 1, 2022 | Individual Taxes, Tax Planning
Individuals with disabilities, as well as parents of disabled children, are eligible for several income tax benefits. This article explains some of these tax breaks. ABLE Accounts – A federal law allows states to offer specially designed, tax-favored ABLE accounts to...
by Admin | Aug 31, 2022 | Individual Taxes, Tax Planning
On August 24, President Biden announced a three-part plan to deal with student loan debt which includes, among other things, $20,000 in loan relief to borrowers with loans held by the Department of Education whose individual income is less than $125,000 ($250,000 for...
by Admin | Aug 31, 2022 | Individual Taxes, Tax Planning
All too often, taxpayers wait until after the close of the tax year to worry about their taxes and miss opportunities that could reduce their tax liability or financially benefit them. Mid-year is the perfect time for tax planning. The following are some events that...
by Admin | Aug 31, 2022 | Business Taxes, Tax Planning
If you had to make a list of some of the most valuable resources that businesses have when it comes to attracting and retaining top talent, an employee bonus pool would undoubtedly be right at the top. Despite the fact that unemployment is on the decline and things...
