The standard business mileage rate will be going up slightly in 2024
The optional standard mileage rate used to calculate the deductible [...]
January 2024
It’s possible (but not easy) to claim a medical expense tax deduction
One of your New Year’s resolutions may be to pay [...]
Court awards and out-of-court settlements may (or may not) be taxed
Monetary awards and settlements are often provided for an array [...]
December 2023
4 ideas that may help reduce your 2023 tax bill
If you’re concerned about your 2023 tax bill, there may [...]
September 2022
Are Estimated Taxes Required?
Estimated tax payments: Who owes them and when is the [...]
August 2022
Small Business Tax Breaks
Three tax breaks for small businesses Sometimes, bigger isn’t better: [...]
June 2022
Claiming Elderly Relatives as Dependents? Here’s how…
Caring for an elderly relative? You may be eligible for [...]
May 2022
Charitable Gifts from Seniors—How to Minimize Taxes!
IRA charitable donations: An alternative to taxable required distributions Are [...]
Tax when selling Mutual Funds
Selling mutual fund shares: What are the tax implications? If [...]
April 2022
Converting residence to rental property? Careful…
Thinking about converting your home into a rental property? In [...]