News and Updates

How Employer-Issued incentive stock options May Affect Your Taxes

Employer stock options are a potentially valuable asset for recipient employees, especially those...

New FAFSA Form Now Available

The window of opportunity for filling out the Free Application for Federal Student Aid (FAFSA) is...

SECURE 2.0 Changes that Become Effective in 2024

The SECURE 2.0 Act, enacted late in 2022, creates new tax-saving opportunities for retirement...

Tax Complexities Related to the Use of a Student-Athlete’s Name, Image and Likeness

The days of pure amateur athletes performing for our nation's colleges are officially over. In the...

Building for the Future: IRAs for Teens and Young Adults

More than half of 16-to-24-year-olds are employed, according to the most recent statistics from the...

6 Tax Angles to Layoffs

After a robust job market over the last few years, layoffs are now on the rise. Through November...

Itemizing Deductions on Your Federal Income Tax Return

Once the 2023 tax year is over and the numbers are generally set in stone, you can itemize...

Important Tax Figures for 2024

The following chart provides some important federal tax information for 2024, as compared with 2023:

2024 Standard Mileage Rates

Beginning on January 1, 2024, the standard mileage rates for the use of a car (also vans, pickups...

Tips for Reducing the Impact of NIIT

The net investment income tax (NIIT) was enacted more than a decade ago. While repeal has been...