Deducting the Costs of Modifications for Senior-Proofing a Home

Deducting the Costs of Modifications for Senior-Proofing a Home

If you are planning to make such home improvements, you may be wondering whether any of the costs will be tax-deductible.
Read more
Wayfair Revisited — It’s Time to Review Your Sales Tax Obligations

Wayfair Revisited — It’s Time to Review Your Sales Tax Obligations

A state is constitutionally prohibited from taxing business activities unless those activities have a substantial “nexus,” or connection, with the state.
Read more
Pension Startup Credit for Employers Substantially Increased

Pension Startup Credit for Employers Substantially Increased

Are you considering establishing a qualified pension plan for your business? You may be entitled to a pension startup credit for employers.
Read more
Filing Status Changes May Bring Unwelcome Surprises

Filing Status Changes May Bring Unwelcome Surprises

Filing status changes because of a life event can have major ramifications. Marriage, divorce, separation or death of a spouse can change your tax status.
Read more
Higher Medical Deductions Allowed by Congress for 2019 and 2020

Higher Medical Deductions Allowed by Congress for 2019 and 2020

Medical deductions are an itemized deduction. However, they must exceed a percentage of a taxpayer’s adjusted gross income (AGI), which can change.
Read more

Small Business Owners May Qualify for a Home-Office Deduction

If you run your business from your home, you may qualify for a home-office deduction. This blog will show you your options.
Read more
How Can I Prove Financial Hardship to the IRS If I Can't Pay My Taxes?

How Can I Prove Financial Hardship to the IRS If I Can't Pay My Taxes?

It’s that time of year again, and you may sincerely wonder how you will pay your tax bill, explore payment or alternative plans with the IRS.
Read more
Tax Return Question: Are You Required to File a Tax Return?

Tax Return Question: Are You Required to File a Tax Return?

There are times when individuals are REQUIRED to file a tax return. There are also times when it is to the individuals’ BENEFIT to file a return.
Read more