If you’re age 65 and older and have basic Medicare insurance, you may need to pay...
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Advertising and Marketing can be Tax Deductible
Under tax law, businesses can generally deduct advertising and marketing expenses that...
What Can You Do to Qualify for QBI deduction?
If you own a business, you may wonder if you’re eligible to take the qualified business...
Will a 529 Plan Benefit Your Child’s Education?
If you have a child or grandchild who’s going to attend college in the future, you’ve...
The IRS Increases Drivers’ Mileage Deduction
Usually, the IRS updates mileage deduction rates annually, but with the recent spikes in...
3 Ideas to Help Cut Your Tax Bill Before Year-End
If you’re starting to worry about your 2021 tax bill, there’s good news — you may still...
What You Need to Know About Donating Art to Charity
If you own a valuable piece of art, or other property, you may wonder how much of a tax...
Claiming Casualty Loss Tax Deduction in Certain Situations
In recent weeks, some Americans have been victimized by hurricanes, severe storms,...
Qualifying for Medical Expenses Tax Deduction
You may be able to deduct some of your medical expenses, including prescription drugs,...
Tax Savings for Small Businesses – Before Dec. 31
As we approach the end of the year, it’s a good time to think about whether your...