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Tax Tips

2023-2024 Tax Planning Guide

Jan 25, 2022 - A year-round and year-end guide to tax planning for 2023 - 2024.

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.

Tax-Saving Tips

Jan 1, 2018 - Tax Reform Provides New 20% Deduction

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