Reminder: Social Security Benefits May Be Taxable Blog 03/02/2022 Social Security benefits include monthly retirement, survivor, and disability benefits; they do not include Supplemental... Read More
Filing a Tax Return: Avoid These Common Errors Blog 03/02/2022 While not all mistakes on tax returns cause delays in refunds, as the April 18 deadline approaches, taxpayers are advise... Read More
Eight Facts About the Adoption Credit Blog 02/02/2022 Taxpayers who adopted or started the adoption process in 2021 may qualify for the adoption credit. This credit can be ap... Read More
Important Information About Economic Impact Letters Blog 02/02/2022 The IRS began issuing Letter 6475, Your Third Economic Impact Payment, to EIP recipients in late January. This letter he... Read More
There’s Still Time To Make an IRA Contribution for 2021 Blog 02/01/2022 If you haven’t contributed funds to an Individual Retirement Account (IRA) for tax year 2021, or if you’ve p... Read More
Why Using the Correct Filing Status Matters Blog 01/01/2022 As taxpayers get ready for the upcoming filing season, one needs to know their correct filing status. A taxpayer’s... Read More
Marginal vs. Effective Tax Rates Blog 10/01/2021 Understanding marginal and effective tax rates is important for tax planning purposes; however, many taxpayers don’... Read More
Reporting Gambling Income and Losses Blog 10/01/2021 If you aren’t in the trade or business of gambling, you should be aware that gambling winnings are fully taxable a... Read More
October 2021 Tax Due Dates Blog 10/01/2021 October 12 Employees Who Work for Tips – If you received $20 or more in tips during September, report them to your... Read More
Extension Deadline Looming for 2020 Tax Returns Blog 09/07/2021 Time is running short for taxpayers who requested an extra six months to file their 2020 tax return. As a reminder, Frid... Read More