Jun 14, 2022 | Planning, Taxes
Start Your Tax Planning NOW! Keeping your taxes as low as possible requires paying attention to your financial situation throughout the year. Now that you’ve filed your 2021 tax return, here are some tips for getting a head start on tax planning for your 2022 return:...
Jun 7, 2022 | Business, Taxes
Making Your Home Office a Tax Deduction The home office deduction is a great tax break for the millions of Americans who are now working from home, either occasionally or full-time. But there’s one huge catch…you can’t be an employee! That’s right, if you’re working...
Jun 3, 2022 | Finances, Taxes
Make Your Child’s Summer Break a Tax Break As a busy working parent, you may be on the lookout for activities that are available for your kids this summer. There may be a solution that’s also a tax break: Summer camp! Using the Child and Dependent Care Credit,...
May 31, 2022 | Planning, 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...
May 12, 2022 | Planning, Taxes
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...
