Author: Surya Padhi, EA
Tax Year 2023:Tax tips for new parentsTax Year 2023:
                
                Issue Number: Tax Tip 2023-89 Kids are expensive. Whether someone just brought a bundle of joy…            
                        
            
            
        
        
                Tax Year 2023: Tips for Tax Deduction
                
                To avoid any hassle while doing your taxes, be sure to follow these guidelines for…            
                        
            
            
        
        
                Tax Year 2023: Top Tax Breaks for Independent Contractors
                
                Full or part-time freelancing provides job flexibility and additional income, but dealing with taxes can…            
                        
            
            
        
        
                Tax Year 2023:Passive Income that are not taxable.
                
                There are numerous ways to generate passive income, but unfortunately, the vast majority of them…            
                        
            
            
        
        
                Tax Year 2023: Do I Have to File a Tax Return if I Receive Social Security? Here’s What to Know.
                
                Introduction Especially if you’re receiving Social Security income, navigating taxes can be a complicated and…            
                        
            
            
        What employees need to know about income tax withholding.
                
                Tax Tip 2023-82 (Source: IRS) Whether someone is entering the workforce for the first time…            
                        
            
            
        
        
                Maximizing Your Savings: The Benefits of Pre-Tax Contributions.
                
                What is Pre-Tax Contribution? The term “pre-tax contributions” refers to the portion of an employee’s…            
                        
            
            
        Business travelers should check out these deductions before hitting the road
                
                Tax Tip 2023-76 Many people travel for their job – some for an occasional conference…            
                        
            
            
        
        
                Short Term Rental, Tax Planning and Taxation.
                
                Introduction Properties available for short-term rental (STR) are an excellent investment option for high incomes.…