by Naveed Lodhi | Mar 10, 2025 | Tax Tips & Planning
The information in this article is up to date for tax year 2024 (returns filed in 2025). Qualified business income (QBI) can lower your taxable income by 20%. This article explains what QBI is, who qualifies, and how to maximize your QBI deduction. Key Takeaways...
by Naveed Lodhi | Mar 10, 2025 | Tax Tips & Planning
The information in this article is up to date for tax year 2024 (returns filed in 2025). The gig economy has been growing rapidly, driven in part by a change in how people work and partly by an increased desire for freedom, flexibility, and a reasonable work/life...
by Naveed Lodhi | Mar 7, 2025 | Tax Tips & Planning
Want to maximize your tax refund this year? This guide on how to get more money back on your taxes will show you actionable tips and strategies to get the most from your tax return. From optimizing your filing status to claiming all possible tax credits and...
by Naveed Lodhi | Mar 7, 2025 | Tax Tips & Planning
The information in this article is up to date for tax year 2024 (returns filed in 2025). Above-the-line deductions reduce your gross income before calculating your Adjusted Gross Income (AGI). This can increase your eligibility for various tax credits and deductions,...
by Naveed Lodhi | Mar 7, 2025 | Tax Tips & Planning
The information in this article is up to date for tax year 2024 (returns filed in 2025). Is mortgage interest tax deductible? Yes, you can deduct the interest on your mortgage to lower your taxable income. This article breaks down the rules and limits so you can make...