Business and Tax News
Solar Tax Credit 2024: What It Is and How It Works
The Residential Clean Energy Credit, commonly known as the solar tax credit, allows homeowners to recover up to 30% of the cost of installing solar...
What is the Time Limit on Claiming Credits and Refunds?
Legally speaking, the later of these two dates is the latest day by which you can file a credit claim or get a federal income tax refund for a...
Common Tax Write-Offs and How to Claim Them
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...
How to Go About Filing Multiple W-2s
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...
How to File Taxes in Multiple States After Moving
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...
Tax Deductions for Private School
For many families, choosing private school education is driven by a desire for a more personalized and enriched learning environment. However, as...
What Are the Tax Implications of having a Service Animal?
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....
6 Tax Moves to Make Before the Summer’s Over
This summer, taxes are most likely the last thing on your mind, but bear with us! In fact, the summer is a great time to do a mid-year financial...
What’s New About the Home Office Deduction in 2024?
You may be able to deduct home office expenses from your taxes if you are self-employed and operate from home, even if it's just part-time....
The Benefits of Filing Jointly With a Spouse
There's generally a mix of excitement and fear around tax season. However, what if we told you that saying "I do" can actually have financial...
Filing Taxes for a Loved One who has Passed
Bereavement of a loved one is a difficult and emotional period. Unfortunately, even while mourning, there's the pragmatic issue of managing their...
7 Life Events That Qualify You for Special Enrollment Period
Generally speaking, the annual open enrollment period is the only time under the Affordable Care Act that you can purchase a health insurance plan,...
16 Business Finance and Tax Terms You Should Know
Operating a business or side hustle can be demanding! The tax jargon for self-employed and small business owners can be a little overwhelming, so...
The Pros and Cons of Buying vs. Leasing a Car
For most families, purchasing a new car is a big expense that needs to be carefully considered. Discover the benefits and drawbacks of buying versus...
Spread the Wealth, Carefully, with Tax-Free Gifts
Are you considering donating to a worthy cause, or would you like to show your support to a close relative? The first thing you need to accomplish...
9 Health Expenses Covered by Your HSA or FSA that May Surprise You
You're most likely aware that you can pay for prescription medications and other medical expenses with your health savings account (HSA), health...
How to File as a Sole Proprietor
Are you a sole proprietor and curious about the taxes your company pays? We have everything covered. We'll dissect the most important insights and...
What Are Estate Taxes?
The federal government levies an estate tax on the total value of the property owned by a deceased family member. Estate laws are subject to annual...