THE 2022 TAX FILING SEASON: WHAT YOU NEED TO KNOW
Monday, January 24, 2022, was the official start to this year's tax season. By now, everyone should have received most of the information they need to make sure they file a complete and accurate return.
CHANGING JOBS? DON’T FORGET ABOUT YOUR 401(K)
If you're a retail investor who made money last year buying and selling stocks, you may owe capital gains taxes.
CAPITAL GAINS TAX ON SALE OF STOCKS
If you're a retail investor who made money last year buying and selling stocks, you may owe capital gains taxes.
Four Questions Business Owners Should Consider During the Upcoming Tax Season
Were you eligible to receive the first or second stimulus check, but never received it? If yes, trust me when I say you’re not alone. Many Americans are falling into this category. The second stimulus check had until January 15th to get all the funds dispersed. So if you haven’t received your check by then, these are the steps you need to take.
TAX FILING SEASON STARTS FEBRUARY 12
Were you eligible to receive the first or second stimulus check, but never received it? If yes, trust me when I say you’re not alone. Many Americans are falling into this category. The second stimulus check had until January 15th to get all the funds dispersed. So if you haven’t received your check by then, these are the steps you need to take.
Important Tax Changes for Individuals & Businesses
Were you eligible to receive the first or second stimulus check, but never received it? If yes, trust me when I say you’re not alone. Many Americans are falling into this category. The second stimulus check had until January 15th to get all the funds dispersed. So if you haven’t received your check by then, these are the steps you need to take.
Didn’t Receive Your Stimulus Check? Here’s What To Do
Were you eligible to receive the first or second stimulus check, but never received it? If yes, trust me when I say you’re not alone. Many Americans are falling into this category. The second stimulus check had until January 15th to get all the funds dispersed. So if you haven’t received your check by then, these are the steps you need to take.
Gifts and Taxes: The Sooner the Better
While festivities may be somewhat dampened this year due to the coronavirus, the holiday season seems to foster a spirit of giving. This year might be a good time to indulge the spirit if you have the means to do so.
S-Corp Analysis
After sitting with clients the last few weeks, I realized I have been discussing the same topic over and over. The reoccurring topic, how to structure your business? After going over the pros and cons of most business structures with clients, we have found most businesses will benefit from an S-Corp the most.
Vacation Home Rules for Losses
Generally, if you rent out a vacation home to tenants while you’re not using it personally, you can deduct expenses to offset taxable income from the rental. This includes expenses such as mortgage interest, property taxes, repairs, utilities, insurance, etc. In fact, you may even be able to deduct a loss for the year if expenses exceed income.