The Home Gain Exclusion: Make Sure You Qualify!

The Home Gain Exclusion: Make Sure You Qualify! Across the country, many homeowners are cashing out to multiples over list price, especially since one of the largest tax breaks available to most individuals is the ability to exclude up to $250,000 ($500,000 married)...

Summer Jobs and Taxes

Summer Jobs and Taxes The tax man wants their share! Now is the time to prepare for the not-so-pleasant part of having a summer job – paying taxes! Here’s what you can expect depending on what type of job you have this summer. The employee. A job at a retail store or...

Hidden Vacation Costs

Hidden Vacation Costs Going on vacation is a time to get away, relax and enjoy new experiences. But if you don’t pay close attention, extra costs can sneak up on you like tiny money-stealing ninjas. Here are eight sneaky vacation costs. Covert airfare increases....

Tax Consequences of Virtual Transactions

Tax Consequences of Virtual Transactions As social distancing turns convenience into necessity, the number and types of activities moving to the internet is exploding. It’s important to remember that these virtual events often trigger real-world tax implications. Here...

Knocking Down Scholarship Barriers

Knocking Down Scholarship Barriers There’s plenty of money available for you to pursue a post-secondary education for either you or your child! Here are several barriers that could be getting in the way of securing money to pay for school. Common misconceptions...

The Benefits of Being a Sole Proprietor

The Benefits of Being a Sole Proprietor Many start-up businesses move from hobby status to a business when they start to make a profit. The tax entity typically used is a sole proprietorship. Taxes on this business activity type flow through your personal tax return...