How to Maximize Capital Gains and Losses on Your Taxes
With the stock market’s volatility and the year coming to an end, it’s a good time to review how you, as an individual, are taxed…
More Electric Vehicle Tax Incentives Coming in 2023
According to Forbes, transportation is the country’s largest source of greenhouse gas missions. With the recent passage of the Inflation Reduction Act (IRA), several electric…
Green Home Improvements? Get Tax Credits with Inflation Reduction Act
If you’re making energy-efficient improvements to your home, you’ll want to pay attention to the newly passed Inflation Reduction Act. This new law expands or…
Online Safety Steps to Avoid Tax Scams & Protect Your Identity
Thousands of people have lost millions of dollars and their personal information to tax scams. During Cybersecurity Awareness Month, conducted every October, the mission of…
Cryptocurrency and Taxes: What You Need to Know
Cryptocurrency has become more mainstream in recent years. As a result, the IRS has paying more attention, especially as some estimate that the IRS is…
Charitable Giving Made Simple
How to Include Philanthropy in Your Estate Planning When it comes to your estate plan, you’re rewarded by doing good. In this article, we’ll cover…
This Tax Credit Can Help Employers Facing a Tight Job Market
In a challenging job market, the Work Opportunity Tax Credit (WOTC) may give employers a helping hand. The WOTC is available to employers that hire…
Why Increased Tax Basis on Your Home Is a Good Thing
With the house prices continuing to increase, taxes are on the minds of most sellers. When it comes to home ownership taxes, it’s important to…
Secure Your Records in Preparation for a Natural Disaster
No one every thinks a natural disaster can happen to them. But it makes sense to be prepared. With the threat of hurricanes and wildfires…
Tax Impact: Hobby or Business?
Collecting stamps, woodworking, crafting, photography…people have all kinds of hobbies. Most people don’t make a profit from their hobby. However, hobbyists should be aware that…