Hiring the right people for your business goes beyond identifying skills and personality fit. One of the most critical decisions business owners face is determining […]
Tax Benefits of Claiming Dependents: Who You Can Include and Why
For many taxpayers, claiming dependents has long been a crucial part of reducing taxable income. While the Tax Cuts and Jobs Act eliminated personal and […]
How to Claim Energy Efficiency Tax Credits for Home Upgrades
Across the country, more homeowners are exploring ways to reduce their energy consumption and make their homes more environmentally friendly. While habits like turning off […]
A Personal Trainer’s Guide to Business Expense Deductions
As a personal trainer, your focus is on helping clients reach their physical goals but managing the financial side of your business is just as […]
Roth 401(k) vs Traditional 401(k): Which Retirement Plan Is Right for You?
Starting a new job brings a host of decisions, and among the most important is choosing how you’ll save for retirement. Many employers offer a […]
Essential Tax Tips Every Home Seller Needs to Know
Selling your home is more than just a change in where you live. It often has meaningful tax consequences that can affect your overall financial […]
State and Local Tax Deduction Limits Explained: Impact of Recent Tax Reforms
State and local taxes (SALT) have long been a valuable tool for taxpayers seeking to lower their federal tax burden. Prior to 2018, taxpayers could […]
High-Impact Tax Benefits That Could Increase Your IRS Refund
Tax season can be stressful for many Americans, but it doesn’t have to be that way. If you understand the tax code and plan ahead, […]
Household Employer Guide: Understanding the Nanny Tax Rules
Hiring a nanny can be an enormous help for busy parents balancing work and family life. However, it also introduces new financial and legal responsibilities, […]
Maximize Your Tax Extension: Expert Tips to File Accurately and On Time
For many taxpayers, the annual ritual of filing a tax return can be overwhelming. Between gathering documents, organizing financial records, and keeping up with changes […]
Crypto Loss Deductions Explained: A Smart Way to Cut Your Tax Bill
Cryptocurrency has transformed the financial landscape, offering a decentralized alternative to traditional fiat currencies. Unlike dollars or euros, cryptocurrency is not issued by any central […]
Understanding Chained CPI: What Tax Reform Changed About Inflation
Tax reform typically brings to mind sweeping changes in tax brackets, deduction limits, and standard deductions. However, one of the least discussed components of recent […]
Should You Cash Out Your 401(k) to Pay Off Credit Card Debt?
High-interest credit card debt is one of the most financially draining burdens individuals can face. With average interest rates often exceeding 20%, even minimum payments […]
How Filing Taxes Online Yourself Can Maximize Your Refund
Filing taxes is a task that most people approach with hesitation. However, as online platforms become increasingly intuitive and accessible, more individuals are realizing that […]
Unemployment and Tax Filing: Common Mistakes and How to Avoid Them
The onset of the COVID-19 pandemic brought an abrupt and significant disruption to global markets, with the labor force in the United States suffering immediate […]