Tag: Deduction
Tips to help taxpayers reduce tax-time stress
Tips to help taxpayers reduce tax-time stress Each tax season comes with unique challenges and 2022 is no exception. The…
And so starts another tax season – 2021 TY
Hello everyone and welcome to another tax season. I know we haven’t posted in a while (like over…
The IRS’s Dirty Dozen: Part 2
Thieves work all year to scam taxpayers This is the second tip of two tips recapping the list of the…
The IRS’s Dirty Dozen: Part 1
Taxpayers should be aware of these tax scams The tax filing deadline has come and gone, but tax scammers continue…
Qualified Business Income Deduction
NEW FOR 2019 Changes in the tax law resulted in a new deduction for certain businesses. Eligible taxpayers can claim…
Employee Business Expense Deduction
You may have been able to deduct expenses related to your employment such as vehicle expenses, travel or equipment. This…
Credits: Refundable vs. NonRefundable
Today we will have a quick discussion on refundable vs. nonrefundable tax credits. But before we do that, we have…
Tax Liability
Making sense out of how tax liability is determined. When I was young, one of the hardest concepts for…
Filing Status
Today we’ll discuss filing statuses. Because of the Tax Cuts and Jobs Act (TCJA) there has been many changes for…
Do I have to file my taxes?
Do I have to file? That is one of the most frequently asked questions we get here in Harrison, MI….