Oct 14, 2024 | Finances, Taxes
Tax Credit or Tax Deduction: Understand the Difference Tax credits are some of the most valuable tools around to help cut your tax bill. But figuring out how to use these credits on your tax return can get complicated very quickly. Here’s what you need to know....
Oct 1, 2024 | Finances, Planning, Taxes
Debt Relief and Taxes What everyone should know Negotiating to decrease or zero out a credit card bill or other loan balance can help relieve a tough financial situation, but it can also give way to an unexpected tax bill. Here’s a quick review of various debt...
Aug 14, 2024 | Business, Taxes
Partner With a Tax Expert if the IRS Comes Knocking Sleuthing your way through a tax audit or responding to a letter from the IRS by yourself is not the same as fixing a leaky faucet or changing your oil. Here are reasons to partner with a tax professional as soon as...
Jul 1, 2024 | Planning, Taxes
You Need Tax Planning If… Life can alter your taxes with little to no warning. Here are several situations where you may need to schedule a tax planning session: Getting married or divorced. You could get hit with a Marriage Penalty in certain situations when...
Jun 29, 2024 | Finances, Taxes
Kids Can Be Expensive! Here Are Some Tax Breaks to Help. Kids can pose challenges from every direction for their parents – feeding times, car seats, sleep schedules, strollers, child care, and of course…taxes! What most parents don’t consider is that these...
