Category: Individual
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…
Short Term Rental, Tax Planning and Taxation.
Introduction Properties available for short-term rental (STR) are an excellent investment option for high incomes.…
Day Camp and Other Child Care Expenses
See if money you pay for day camp or other childcare expenses can help you…