Tax Breaks For Second Home Owners
I often get asked about the benefits, tax breaks, and financial pros and cons of owning a second home or a vacation home. Whether you already own a second residence…
Student Debt Relief Update – Protect Yourself From Scams
Biden-Harris Student Debt Relief Update - Protect Yourself From Scams A Letter from the U.S. Department of Education As we prepare for the student debt relief application window to open…
School Supplies Tax Deduction – Increased For 2022!
For teachers now back in the classroom, a big concern is how much they're spending on school supplies. For the first time since the incentive started in 2002, the IRS…
Apply For Public Service Loan Forgiveness
Time Is Running Out to apply forPUBLIC SERVICE LOAN FORGIVENESS! As Teacher, Government Employee, Public Hospital Employee, Charity or if you have worked for a Non-for-Profit for 10 years or…
Ready For Tax Season?
Tax Season is approaching and being prepared is essential. Here are important information and tools to help you get ready. Before you meet with your tax advisor to files, schedule…
2021/2022 TurboTax Guide
Do you file your own taxes using TurboTax? Here is some important information for uploading documents as well as frequently asked questions.
The Real Rate of Return Worksheet
To determine the real rate of return on an investment, one must consider the effect of inflation and taxes on the gross return. Check out the Real Rate of Return…
The American Taxpayer Relief Act of 2012
The American Taxpayer Relief Act of 2012 (ATRA 2012), signed into law by the President on January 2, 2013, makes permanent many of the income and estate tax changes contained…
Tax on Net Investment Income
A 3.8% tax on "Net Investment Income" applies to certain individual taxpayers, estates, and trusts. This tax is in addition to any other federal income tax, including the Alternative Minimum…