Are you contemplating some significant improvements to your home? Whether it's adding a pool to assist with a medical condition, finishing a basement or installing...
4 Tax Breaks for Home Improvements
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Taxes
Which Level of Assurance Is Right for Your Organization?
Most organizations hire a CPA to issue financial statements that conform to U.S. Generally Accepted Accounting Principles (GAAP). But not all financial statements are created...
Don’t Let Tax ID Thieves Steal Your Refund – Or Your Peace of Mind
Any form of identity theft can be costly, unsettling, and take months — sometimes years — to fully recover from and repair. But tax-related identity theft can be...
7 Deductible Medical Expenses You Might Have Missed
How high can you jump? To claim a deduction for medical expenses on your personal tax return, you have to clear an annual hurdle imposed by the IRS. Although the bar was...
10 Tax Tips for Volunteers
Donating time to a charity can be a rewarding experience — both for you and people (or animals) who benefit from the organization's mission. But your efforts may also provide you...
Estate Planning: Select an Executor and Trustee With Care
There are several steps to creating and carrying out an estate plan — not all of which will fall on you. For example, other people must act as your plan's executor and trust's...
Do You Know the Tax Consequences of Selling Appreciated Land?
Individual taxpayers who own appreciated vacant land should know the tax consequences before they sell or subdivide. Here's critical federal tax guidance for these individuals....
Work or Pleasure: The Tax Rules for Hybrid Travel
With business travel picking up again and summer fast approaching, many business owners may be mulling trips that combine work with vacation or other personal activities. A quick...
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 employers realizing that many jobs can be done from home. Some remote workers even...
10 FAQs About ABLE Accounts
Parents of children with disabilities face financial challenges, especially when planning for the children's needs when the parents are no longer around. Congress crafted the...