Unlocking the tax benefits associated with homeownership can significantly impact your financial well-being. Explore these key tax advantages that come with owning a home: • Itemized deductions. Mortgage interest and property taxes are two deductions…

Summer 2024 Tax Deadlines June 17, 2024 • Second quarter 2024 individual estimated tax payments are due. July 31, 2024 • Due date for filing 2023 retirement or employee benefit plan returns (5500 series) for…

Three-fourths of filers get a tax refund every year, with the average check weighing in at $2,972* so far this tax season. Here are some ideas to put that money to good use: Pay off…

The tax code allows deductions for qualified miles driven for business, medical, moving and charitable purposes. But to claim this deduction you must keep adequate records of actual miles driven. During an audit this is…

Now is the time to pay your taxes AND make your estimated tax payment. Both your individual tax return AND first quarter estimated tax payment are due April 15 this year.  If you had to…

If you e-file your tax return, you can generally expect to receive your refund within three weeks of it being accepted by the IRS. Expect four or more weeks if you mail in your tax…

No one likes the stress involved when your tax return is under the audit spotlight. Here are some ideas as you prepare your return this tax season to help avoid some of the more common…

The beginning of a new year brings the need to recap the previous one for Uncle Sam. Here are some tips to get you organized. • Look for your tax forms. Forms W-2, 1099, and…