by PSA CPA | Sep 1, 2024 |
There are several types of common tax write-offs that can help lower your taxable income. Here’s a look at some of the most frequently claimed deductions: 1. Business Expenses: A primary category of tax write-offs, qualifying business expenses include costs like...
by PSA CPA | Sep 1, 2024 |
According to the U.S. Census Bureau, 13 million Americans held more than one job in 2019, and with the rapid growth of the gig economy, that number has likely increased in recent years. Many Americans take on extra jobs for supplemental income, to expand their skill...
by PSA CPA | Sep 1, 2024 |
If you’ve moved from one state to another, you likely updated your voter registration and obtained a new driver’s license. When tax season comes around, there’s more to consider. While you only need to file one federal tax return, you will probably need to...
by PSA CPA | Sep 1, 2024 |
For many families, choosing private school education is driven by a desire for a more personalized and enriched learning environment. However, as tuition costs continue to rise, parents often wonder if there are tax deductions to help offset these expenses. This guide...
by PSA CPA | Aug 1, 2024 |
Beyond just being our best friends on long drives and cozy laps in the winter, animals can also be effective medicinal therapies in certain cases. You’ve come to the correct place if you’re an American taxpayer curious about how owning a service animal can...
It’s interesting to see how Social Security benefits are taxed differently depending on income and location. I didn’t realize only…