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Personal Tax

Should Married Couples File Jointly or Separately?

Once you're married,you have two options when it comes to filing your annual federal income tax...

Key Rules for Home Office Deductions

Do you work from home all or part of the time? If you're self-employed and meet certain...

Do You Qualify for the Favorable HOH Status?

The head of household (HOH) federal tax filing status is often misunderstood by taxpayers who might...

New Twists and Turns Taken by EV Credits

Did you buy an electric vehicle (EV) in 2023? Under the Inflation Reduction Act (IRA), passed late...

Bask in Tax Breaks for Vacation Home Rentals

Do you own a vacation home in the mountains or near the water where you can enjoy some much-needed...

Can You Claim Your Parent as a Dependent?

If you payover half the cost of supporting a parent, your parent is considered your dependent for...

How Employer-Issued incentive stock options May Affect Your Taxes

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

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...

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...