Tax deductions help offset travel expenses for business travelers. Learn about some key deductions for business trips before you hit the road. What to know about tax deductions for business travel If you are traveling…

Many busy working parents turned to summer camps to entertain their children this summer. Did you know there’s a tax break for that? Using the Child and Dependent Care Credit, you can be reimbursed for…

How can you improve next year’s tax situation? By taking steps this summer! Whether you received a big refund or paid your taxes on tax day, taking action now can ensure next year’s tax bill…

New Jersey will be having a Back-to-School Sales Tax Holiday from August 26 to September 4, 2023. This 10 day tax holiday is happening for the second year in a row for New Jersey and…

The IRS continually reminds taxpayers to be vigilant about not sharing their personal information with potential scammers.  Here is a list of the top scams for 2023 reminding taxpayers that the scams can continue even…

The IRS Gift-Giving Rule You may give up to $17,000 to any indi­vidual (donee) within the calendar year 2023 without filing a gift tax return. If married, you and your spouse may trans­fer up to…

Upcoming Tax Deadlines June 15 – Second quarter 2023 individual estimated tax payments are due. August 1 – Due date for filing 2022 retirement or employee benefit plan returns (5500 series) for calendar year plans….

Last year, the Inflation Reduction Act of 2022 introduced new requirements and limitations for taxpayers who want to receive a tax credit for purchasing a new clean or Electric Vehicle (EV) in 2023. Before you…