Newsletter October 21, 2021
Tax Credits for Energy-Efficient Home RenovationsTwo federal income tax credits reward energy-efficient home improvements very differently. Which credit you use depends on the improvements you make. Under federal tax law, new energy-efficient windows and doors don't...
Small business owners should see if they qualify for the home office deduction
Many Americans have been working from home due to the pandemic, but only certain people will qualify to claim the home office deduction. This deduction allows qualifying taxpayers to deduct certain home expenses on their tax return when they file their 2021 tax return...
Independent contractor vs employee?
WASHINGTON — During National Small Business Week, the Internal Revenue Service reminds business owners that it’s critical to correctly determine whether the individuals providing services are employees or independent contractors. An employee is generally considered to...
Newsletter September 15, 2021
End-of-the-Year Income Tax ChecklistEvery year we hear about the same old things we should do by Dec. 31 to save money on our taxes the following April. In this article, we'll address some items you should think about prior to Dec. 31 and provide some...
News Letter September 1, 2021
Tax Tips Before Your Income Blows UpAs entrepreneurs, we dream of making it BIG. We hone our skills for years, and sometimes go through 2, 3, 4 or more iterations of our business before it starts gaining traction, all while dreaming of the day that we’ll make …Forbes...
Newsletter August 27, 2021
Marriage? Give Me A (tax) BreakSo, I hear you got married. Congrats! And you’re filing your taxes jointly for the first time, and want to know more about how to do that! Is that right? Just so you know, you don’t have to file jointly, but those romantics at...
Newsletter August 18, 2021
Tax Breaks for Homeowners and Home BuyersOwning a home is part of the American Dream. Whether you fancy a log cabin in the middle of nowhere, a suburban Cape Cod with a white picket fence, or a downtown condo in the sky, there's just something special about...
Newsletter August 11, 2021
Ways to Prepare for Higher Taxes
President Biden is pushing an agenda of raising taxes on corporations and the wealthy to help fund proposed bills for infrastructure and social safety net programs
Information to opt-out of Child Tax Credit
Important changes to the Child Tax Credit will help many families get advance payments of the Child Tax Credit starting in the summer of 2021. Half the total credit amount will be paid in advance monthly payments and you will claim the other half when you file your...
Recent Comments