2020-2021 Tax & Financial Planning
Jan 25, 2021 - A year-round and year-end guide to tax planning for 2020 - 2021.
How the 90-Day Mileage Log Rule Works for You
Jul 23, 2018 - Often in an IRS audit, the examiner will ask for your mileage log at the beginning of the audit.
How to Salvage a Casualty Loss Deduction
Jul 20, 2018 - You've likely heard about the volcanic eruptions in Hawaii and how they've caused extensive damage to the property of several U.S. taxpayers.
The Tax Perks of Summer Camp
Jul 16, 2018 - Are you sending your kids to summer camp while you and your spouse work?
Maximize Your Tax Benefits for Charitable Gifts
Jul 9, 2018 - While giving gifts to charity is usually a reward on its own, donors could often also expect to get a tax deduction.
Feast on Tax Benefits for Company Picnics
Jul 2, 2018 - Have you planned a summer outing for your employees?
Turn Your Refresher Course into a Tax Break
Jun 25, 2018 - Maybe you feel the need to brush up on your skills in your particular line of work.
Can you deduct medical expenses you paid for your relative?
Jun 18, 2018 - Typically, you can deduct medical expenses if the relative would have qualified as your dependent.
How to lock down the home sale exclusion
Jun 11, 2018 - Arguably one of the biggest tax breaks to be left intact.
Your roadmap to business travel deductions
Jun 4, 2018 - Most expenses will remain tax-deductible if you stay within the tax law boundaries.
Zero in on target work credits this summer
May 28, 2018 - You may be eligible for tax credits.
Are like-kind exchanges still viable when selling property?
May 21, 2018 - If certain requirements are met, tax is deferred until you sell the replacement property … if ever.
4 ways to cut down kiddie tax
May 14, 2018 - You may be able to cut the kiddie tax down to size if you apply one or more of the following strategies.
Don't fall for these 3 IRS Dirty Dozen scams
May 7, 2018 - Treat personal information like cash; don't leave it lying around.
4 new and improved depreciation tax breaks
Apr 30, 2018 - A business entity can now write off the entire cost of qualified property the year it is placed in service.
DRS Warning: CT taxpayers sent phone tax email bills for Amazon, NewEgg Purchases
Mar 20, 2018 - CT taxpayers sent phone tax email bills for Amazon, NewEgg Purchases
Charitable donation records: What you need for your 2017 return
Mar 12, 2018 - Don't miss out on claiming the charitable donations you're entitled to deduct on your 2017 return.
Here's what you need for your 2017 tax return
Feb 26, 2018 - You can make the process go more smoothly by organizing all the necessary information and documentation.
5 ways to avoid nanny tax problems
Feb 22, 2018 - Although you may not move in political circles, it's easy to be tripped up by the nanny tax if you're not careful.
New law offers small business tax breaks
Feb 19, 2018 - your small business may realize big tax benefits under the new law.
Here's a new tax prescription for medical expenses
Feb 12, 2018 - The new tax reform law — the Tax Cuts and Jobs Act (TCJA) — preserves the deduction for medical expenses.
How to cut taxes under the new tax act
Feb 5, 2018 - Pulling up stakes just because of new laws is a drastic reaction.
3 safe harbor rules for estimated taxes
Jan 29, 2018 - The IRS may assess an estimated tax penalty on top of the regular income tax you'll owe.
How to get a green light for commuting expense deductions
Jan 15, 2018 - If you commute back and forth to work every day, you typically can't deduct any of your travel costs, such as gas for your car or commuter fares.
Jan 1, 2018 - Tax Reform Provides New 20% Deduction