News and Updates

Posts about

Personal Tax (9)

9 Ways to Bask in Summer Tax Savings

Remember the excitement of the last day of the school year? Many adults have fond childhood...

Spring Cleaning Your Personal Tax Files

The general rule for retaining federal tax records is three years. That's because the statute of...

Should You Put Your Vacation Home into an LLC?

If you're lucky enough to own a vacation home, you might wonder about the optimal ownership...

5 Categories of Interest Expense: What's Deductible?

People often ask: Is the interest paid during the year deductible on my federal income tax return?...

Beware: Remote Work May Complicate Your Income Taxes

Remote work has become more common in recent years, and the COVID-19 pandemic has resulted in...

10 FAQs About ABLE Accounts

Parents of children with disabilities face financial challenges, especially when planning for the...

Let’s Review the Tax Implications of Investing in Mutual Funds

Mutual funds are an attractive investment option, especially for people who are looking for a...

Federal tax news for individuals

What's Happening in Congress with Proposed Tax Laws?

Refresher on the Home-Sale Gain Exclusion Tax Break

In many areas, residential real estate markets have surged, and some are still surging. In these...

Notify the IRS if You Change Your Address

It’s important to notify the IRS if you move and change your address. Under tax law regulations, a...