» Tax Preparation

Student Loan Forgiveness Tax Guidelines

There was much buzz and excitement about the Biden administration’s loan forgiveness program from some quarters, and concern from others, when the program was first announced. Legal challenges have halted student loan forgiveness in its tracks, eve… Read More

2023 Tax Deadlines for Filing 2022 Taxes

If you are a calendar-year tax filer, as most people are, you already know that your personal income tax return for tax year 2022 is (usually) due on April 15, 2023. But there are many other tax deadlines of which you may need to be aware, depending… Read More

Failure to File a Tax Return

For many people, preparing and filing tax returns is a dreaded chore—especially if there’s a tax bill at the end of it. We may fantasize about chucking all of our receipts and forms in the wastepaper basket, and just forgetting the whole thing. W… Read More

Mid-Year Business Tax Planning Tips

Tax planning is a critical part of maintaining the financial health of a business. By taking advantage of available business tax write-offs, you can minimize your company’s tax burden and potentially save thousands of dollars. Most small business o… Read More

Can I Deduct Home Office Expenses? 

For over two years now, many more people have been working from home than prior to the pandemic. And while some places of business have opened back up, there are still many people who are working remotely. Some are self-employed, some are independent… Read More

Should I Have a Tax Professional Review My Tax Return?

In a little under a month, most of us will have filed our 2021 state and federal income tax returns. Perhaps you are the kind of person who likes to prepare and file your taxes to get it over with (and maybe get a refund sooner). Or maybe, like many… Read More

What Do I Need to Bring to My Tax Appointment?

For many adults, sitting down to file taxes brings back all the anxiety of taking a middle-school algebra exam, but with much higher stakes. The good news is that someone can help you with this test: your tax preparer. Even better, you can, and shoul… Read More

When Should Your Business Hire an Accountant?

The amount of time you want and need to personally invest in your business’s accounting will be the driving force behind when you should hire an accountant. Depending on the stage of your business’s developmental plan, there are several times whe… Read More

Filing Your Taxes: Is It Better to File Jointly or Separately?

For most married couples, you have two options on how to file your taxes: jointly or separately. For a few married people, filing as head of household can be the best option. If you file your taxes jointly, you report all your income and deductions o… Read More

What You Should Know about the IRS’ Mailbox Rule

Have you ever driven by a post office in the middle of April and wondered why there were so many people waiting in the checkout line? Chances are it was Tax Day! Some US Post Offices even stay open later to allow taxpayers additional time to get thei… Read More