The IRS just released its audit statistics for the 2020 fiscal year and fewer taxpayers...
IRS Audits may be Increasing, so be Prepared
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Writing Off Medicare Premiums on Seniors’ Tax Returns
Are you age 65 and older and have basic Medicare insurance? You may need to pay...
The Importance of Meeting Tax Return Filing and Payment Deadlines
The May 17 deadline for filing your 2020 individual tax return is coming up soon. It’s...
What to Know About Charitable Deduction Substantiation
If you’re like many Americans, letters from your favorite charities may be appearing in...
Qualifying for Medical Expenses Tax Deduction
You may be able to deduct some of your medical expenses, including prescription drugs,...
How New PPP Loan Guidance Impacts Tax Planning
The IRS released new ruling and guidance on November 18, 2020 for businesses who...
Paying Tax on Your Social Security Benefits
If you’re getting close to retirement, you may wonder: Are my Social Security benefits...
Can’t Pay Individual Taxes? Here’s What to Know
While you probably don’t have any problems paying your tax bills, you may wonder: What...
What to Consider After Filing Your Taxes on July 15
The tax filing deadline for 2019 tax returns has been extended until July 15 this year,...
The Benefits for Married Couples Filing Taxes Separately
Married couples often wonder whether they should file joint or separate tax returns. The...