Posts

Paying Less in Taxes when Selling Your Home

Taxpayers are generally allowed to exclude up to $250,000 ($500,000 if Married Filing Jointly) from gains of a home sale.… Read more

October 11, 2023
5 Things to Know About the Retirement Saver’s Credit

1. You’re allowed to claim the saver’s credit and take the IRA deduction on your tax return. The Retirement Saver’s… Read more

October 9, 2023
The Simplest Way to Deduct Your Home Office

There are two ways to deduct the use of a home office. You can deduct actual expenses, which provide for… Read more

September 27, 2023
Tax Filing for Spouses Who Run a Business Together

It’s important, when spouses work together, that each spouse gets the social security and Medicare credit they deserve. It’s common… Read more

September 20, 2023
Tax Treatment of LLCs

One of the biggest misconceptions of individuals who register their businesses as LLCs with the state is that they’ll now… Read more

September 5, 2023
Filing a Deceased Parent’s Tax Return

If you’re the personal representative of a parent who has passed away, you’ll be tasked with filing their final tax… Read more

August 22, 2023