Tax-Saving Tips – March 2025
Deducting Disaster Losses for Individuals: Navigating the Rules The federal tax law provides relief if a disaster—such as a fire, flood, or hurricane—damages your personal (non
Tax-Saving Tips – February 2025
If your business has not yet claimed the 2021 Employee Retention Credit (ERC), you still have time—but you must act soon. What Is the ERC, and How Much Can You Claim? The ERC is
Tax-Saving Tips – January 2025
Court Battles Rage: File Your FinCEN BOI Report Now or Wait? Here’s an update on the Corporate Transparency Act (CTA) and its beneficial ownership information (BOI) reporting req
Tax-Saving Tips – December 2024
Game On: TCJA Winners and Losers—Business on the Chopping Block Prepare for tax changes. The Tax Cuts and Jobs Act (TCJA) has been part of our tax landscape for nearly seven year
Tax-Saving Tips – November 2024
2024 Last-Minute Year-End General Business Income Tax Deductions The purpose of these strategies is to get the IRS to owe you money. Of course, the IRS will not likely cut you a ch
Tax-Saving Tips – October 2024
Three Possible Ways to Deduct Your Dog or Cat Dogs, cats, and other household pets are expensive. Owners spend an average of $1,270 to $2,800 a year to own a dog. Can you ever dedu
Tax-Saving Tips – September 2024
BOI Reporting Deadline Is Closing In The clock continues to tick. Here are the upcoming deadlines for filing your Business Ownership Information (BOI) reports with the U.S. Departm
Tax-Saving Tips – August 2024
Tax Guide to Deducting Long-Term Care Insurance Premiums Long-term care costs can be substantial, and neither Medicare nor Medicaid provide comprehensive coverage for most people.
Tax-Saving Tips – July 2024
July 2024 Claim Up to $32,220 in Missed 2021 Self-Employed COVID-19 Sick and Family Leave Credits Today Were you self-employed during 2021? If so, there is a good chance tha
Tax-Saving Tips – June 2024
June 2024 Cost Segregation: Is This Strategy for You? One significant tax benefit of owning residential rental property or non-residential commercial or investment property is depr