by Naveed Lodhi | Feb 7, 2025 | Tax Tips & Planning
FSAs and HSAs are tax-advantaged accounts that offer savings on health costs. Each works a little differently, with pros and cons, and has varying eligibility requirements. Below, we’ll break down the difference between FSAs vs. HSAs and their respective tax...
by Naveed Lodhi | Feb 5, 2025 | Tax Tips & Planning
The information in this article is up to date for tax year 2024 (returns filed in 2025). Trying to navigate the tax world can be overwhelming, especially if you’re not a tax expert. However, failing to take advantage of valuable tax credits can leave money on the...
by Naveed Lodhi | Feb 5, 2025 | Tax Tips & Planning
The information in this article is up to date for tax year 2024 (returns filed in 2025). Taxes are usually associated with adulthood, but if you’re a teen with a job or other streams of income, you may be required to file your own taxes. (Sorry to break it to you)....
by Naveed Lodhi | Feb 3, 2025 | Tax Tips & Planning
Considering the married filing separately tax status? This option lets each spouse file their own tax return. It’s not as common as filing jointly, but it can be advantageous under certain conditions. In this article, we’ll explore exactly what married filing...
by Naveed Lodhi | Feb 3, 2025 | Tax Tips & Planning
The information in this article is up to date for tax year 2024 (returns filed in 2025). Are auto registration fees tax deductible? The short answer is: sometimes. Only the portion of your registration fee that is based on the value of your vehicle can usually be...
by Naveed Lodhi | Feb 3, 2025 | Tax Tips & Planning
The information in this article is up to date for tax year 2024 (returns filed in 2025). Wondering what is the standard deduction and how it impacts your taxes? You’re not alone! If you’ve ever filed your taxes or looked into the process, you’ve probably heard the...