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Tax planning (4)

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...

Act Now to Leverage the Gift Tax Exclusion Before Year End

The gift tax exclusion is among the most valuable tools available to transfer assets to family and...

5 Ideas to Help Small Business Owners Reduce Taxes for 2023

As year end approaches, small business owners should review their tax situations to determine ways...

Year-End Tax Planning Tips for Individuals

As the holidays approach, it's time to consider tax planning moves that will help lower this year's...

What Can You Do to Lower Your 2023 Tax Obligation?

It's hard to believe that 2023 is already half over. Although summer is a time for vacations and...

Midyear Tax Planning for Small Businesses and Owners

Summer isn't just for barbeques and baseball. It's also a good time to think about ways to cut your...

Cutting the Kiddie Tax Down to Size

Despite its name, the "kiddie tax" is anything but child's play. If you're not careful, this...

Tax Planning Can Reduce Adoption Costs

Adoptions plummeted during the COVID pandemic, but the adoption rate is slowly rebounding. If...

4 Tax Breaks for Home Improvements

Are you contemplating some significant improvements to your home? Whether it's adding a pool to...

How Can Small Business Owners Lower Taxes for 2022?

It's time for year-end tax planning. Every fall, small business owners should review their tax...