by Naveed Lodhi | Dec 29, 2024 | Tax Tips & Planning
The information in this article is up to date for tax year 2024 (returns filed in 2025). No matter your age, it’s never too soon to start planning for your future. When considering your retirement, whether it’s around the corner or still decades away, it’s important...
by Naveed Lodhi | Dec 29, 2024 | Tax Tips & Planning
The information in this article is up to date for tax year 2024 (returns filed in 2025). Is rent tax deductible? Unfortunately, the answer is generally no for federal taxes. However, there are some exceptions and state-specific rules that might help. In this article,...
by Naveed Lodhi | Dec 29, 2024 | Tax Tips & Planning
The information in this article is up to date for tax year 2024 (returns filed in 2025). Have kids? If they’re under the age of 17, you may be able to claim a tax credit worth up to $2,000 per qualifying child. Currently, up to $1,700 of the credit is refundable....
by Naveed Lodhi | Dec 28, 2024 | Tax Tips & Planning
The information in this article is up to date for tax year 2024 (returns filed in 2025). Health insurance can be costly, with premiums, deductibles, and out-of-pocket expenses adding up quickly. For many, finding affordable coverage feels like a constant struggle....
by Naveed Lodhi | Dec 28, 2024 | Retirement & Social Security
The information in this article is up to date for tax year 2024 (returns filed in 2025). As 2024 draws to a close, we have a few year-end reminders for those who already have an Individual Retirement Account (IRA) or plan to open one soon. Individuals can choose a...