Jul 27, 2023 | Accounting, Taxes
Never Take on the IRS Alone! Sleuthing your way through a tax audit by yourself is not the same as fixing a leaky faucet or changing your oil. Here are reasons you should seek professional help as soon as you receive a letter from the IRS: IRS auditors do this for a...
Jun 21, 2023 | Finances, Taxes
The Home Gain Exclusion: Make Sure You Qualify! The home gain exclusion is one of the most generous tax breaks available to taxpayers, providing the ability to exclude up to $250,000 ($500,000 married) in capital gains on the sale of your personal residence. Here is...
Jun 7, 2023 | Planning, Taxes
Calling All Taxpayers: Plan Now or Pay Later Procrastination is easy, especially when it comes to summertime tax planning. But waiting to implement strategies to reduce your 2023 tax obligations could cost you money. Here are some suggestions to help jumpstart your...
May 31, 2023 | Finances, Taxes
Tax Tips for Your Summer Job Summer brings warm weather, fun outdoor activities, and new opportunities to earn some additional income. Taxes on seasonal income, however, need to be handled with care, whether they’re related to your child’s first job or an...