Are you required to make estimated tax payments? Individuals, including sole proprietors, partners and S Corp shareholders, typically have to make estimated tax payments if they expect to owe tax. If you receive salaries and…

Did you know you can still get the benefit of a charitable deduction even if you don’t itemize? If you are taking required minimum distributions from an IRA and also make charitable contributions during the…

Let’s talk about audit red flags. Nobody wants to be audited by the IRS. Even if your tax return is perfect and you have all of the documentation required to prove your deductions, it’s still…

You’ve got it all planned out. Your retirement savings plans are full, you have started receiving Social Security benefits, and your Pension is ready to go. Everything is planned, what could go wrong? Here are…

Tracking your miles whenever you drive somewhere for your business can get pretty tedious, but remember that properly tracking your vehicle expenses and miles driven can lead to a significant reduction in your taxes. Here…

From supplementing their current income to replacing income that was lost because of layoffs, the pandemic or other reasons, many people have started side hustles over the past 3 years to help make ends meet….

If you are ahead of the game for 2022 and your tax returns are complete and ready to be filed, you may be caught off guard with a lower refund or an unexpected balance due. …

No one likes rolling the dice when it comes to the IRS. Come tax time, taxpayers are often surprised when a lucky payday becomes a tax return headache. Here are some tips so a fun…