Tax Tips for Family Caregivers
The information in this article is up to date for tax year 2023 (returns filed in 2024). More than 100 million American adults care for a child, parent, or relative. That’s 1 in 5 people providing care in addition to working outside the household in the US–up from 1 in 7 in 2020. ...
3 Common Home Improvements That Qualify for Tax Deductions
The information in this article is up to date for tax year 2023 (returns filed in 2024). As a homeowner you probably have a never-ending list of things you’d like to do to your home. Maybe you want to add a pool to your backyard, update the bathroom or design the ultimate man cave...
What are NIL Rights and What Do They Mean to College Athletes’ Taxes?
The information in this article is up to date for tax year 2023 (returns filed in 2024). College sports is a multibillion dollar industry. However, until recently, college athletes were not allowed to monetize their name, image or likeness (NIL). Then, in 2021, the U.S. Supreme...
Learn How to Protect Yourself From Scammers Posing as the IRS
The information in this article is up to date for tax year 2023 (returns filed in 2024). Crooks are always looking for new ways to scam unsuspecting taxpayers. Scammers impersonate the IRS by phone or email, in person, or by mail or delivery service – and cost people their time and...
The Pros and Cons of Filing a Tax Extension
The information in this article is up to date for tax year 2023 (returns filed in 2024). Don’t miss this important tax deadline! Your 2023 federal tax return is due on April 15th, 2024. File right now if you are expecting a tax refund, so you’ll get your money sooner....
5 Tips to Soften the Blow of High Tax Bill
The information in this article is up to date for tax year 2023 (returns filed in 2024). Hefty tax bill? Let us leave you a few tips… Nobody likes a high bill...whether it’s your cable or tax bill! You may not be able to avoid paying the IRS, but there are ways to lower your tax...
What Are the Penalties and Interest for Filing Taxes Late?
The information in this article is up to date for tax year 2023 (returns filed in 2024). The April 15th tax deadline is fast approaching. If you haven’t filed your taxes yet, there is still time. But what happens if you file taxes late? If you're under 65 and earned less than...
Charitable Contributions Deduction: Save More When You Give
The information in this article is up to date for tax year 2023 (returns filed in 2024). Giving isn’t just good for your soul–it can actually be good for your taxes. If you donated money in 2023, you may be able to deduct those contributions from your tax bill under the charitable...
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