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Loading Tax News…Taxes & Your SavingsPublished on Nov 13, 2023
As veterans transition to civilian life, understanding the intricacies of the tax system becomes crucial for managing finances and maximizing returns. Fortunately, there are specific tax tips tailored to the unique circumstances of veterans that can help them make the most of […]
Taxes & Your SavingsPublished on Sep 11, 2023
Taxes are an integral part of our financial lives, but not all income is subject to taxation. Understanding which income types are taxable and which are not can help you make informed financial decisions and potentially reduce your tax burden. In this […]
Taxes & Your SavingsPublished on Sep 6, 2023
Tax season can be both a stressful and eagerly anticipated time of the year. Many people look forward to receiving their tax refunds, as it often represents a financial boost. However, what happens when your tax refund is late? This delay can […]
Taxes & Your SavingsPublished on Jul 17, 2023
Most taxpayers are used to seeing the term adjusted gross income, or AGI, when filing their tax returns. This is mostly due to the fact that your AGI dictates which tax credits and deductions you qualify for. While the term modified adjusted […]
Taxes & Your SavingsPublished on Jul 5, 2023
Most people dabble in gambling at some point in life. It might look like a day at the racetrack, a quick stop at the gas station for a lottery ticket, or a weekend in Las Vegas. The IRS views all these activities […]
Taxes & Your SavingsPublished on Jun 7, 2023
It’s no secret that tax refunds are the best part about filing taxes each year. However, the wait times for receiving a tax refund can be unexpectedly long. This is especially true if the IRS has a backlog of unprocessed returns. Enter […]
Taxes & Your SavingsPublished on May 19, 2023
With all the talk of the new electric vehicle (EV) tax credits, it’s a good time to remind you that you can also claim tax credits by making some energy efficient upgrades to your home. The Energy Efficient Home Improvement Credit and […]
Taxes & Your SavingsPublished on May 18, 2023
Payroll fraud is an unfortunate reality that continues to haunt businesses, causing significant financial losses and harming their reputation. This fraudulent act occurs when an individual manipulates the payroll system to get money or benefits to which they are not entitled. Payroll […]
Taxes & Your SavingsPublished on May 15, 2023
When dealing with the IRS, it’s easy to feel outnumbered and helpless. However, it is important to know that you have fundamental rights when it comes to tax issues. The Taxpayer Bill of Rights, which was created to guarantee justice, openness, and […]
Taxes & Your SavingsPublished on Apr 6, 2023
The average tax refund so far in 2023 has been just over $1,960, which is about 11% lower than last year. Tax professionals are warning taxpayers of potential “tax refund shock” and urge them to prepare for smaller tax refunds in 2023. […]
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