Archive for the Tax Tips & Guides Category

You should be aware of the stealth tax opposed on your social security benefits. Many people believe that social security benefits are exempt from federal income tax. Sadly, that is

You must choose a tax filing status when you file your tax return. This status is used to determine your correct tax, eligibility for certain tax breaks, tax rates and

Income tax deadline may feel like it’s approaching at rocket speed if you haven’t caught up on your bookkeeping. Don’t make the situation worse by filing late taxes as this

tra Bartering is one of the oldest forms of trade. You may find it beneficial to barter in order to save your cash. Plus, the advent of the internet has

The IRS has announced that they will begin accepting and processing 2023 tax return on January 29. With this in mind, here are some tax season questions and answers that

The emergency savings account employee benefit is part of the SECURE 2.0 law geared towards employees facing emergencies. The actual name of this account is called pension-linked emergency savings (PLESA).

Buying and selling a house is a momentous occasion in a person’s life. Unfortunately, not everyone will experience such an occasion. It’s a big step going through the process of

Many of us make new year resolutions to take better care of our health. But considering the high prices of food and everything else these days, medical costs are not

For small business owners, your 20% savings is just one form away. Qualifying small business owners who complete IRS tax Form 8995 can claim the qualified business income deduction (QBID).

It can be a bit confusing when it comes to writing off meals and entertainment deductions for your small business in 2024. Getting acquainted with what used to be 100