Vehicles over 6,000 pounds
Are you a business owner looking into purchasing a new vehicle? The IRS provides a deduction when a business owner purchases a vehicle...
The Adoption Tax Credit
If you are in the process of adopting, or you know someone that is, you will know that it is a very financially daunting process. The IRS...
Research and development - Tax Credit
Has your company devoted time and resources to create a new or innovative product? Have they committed to improving a current product or...
Opting Out of the 2021 Advance Child Tax Credit Update
As first payments of the Advance Child Tax Credit begin and the IRS continues to provide more information, this blog post contains an...
Tuition and Taxes
For many people, college tuition can be very daunting. There are so many expenses to consider in addition to tuition – books, supplies,...
States Sales Taxes
Have you noticed that when you buy something for $1.00 in one state, it might cost a few cents more when you buy it in another? Even...
The Personal Home Exclusion
For many people, selling a home is an exciting event that symbolizes a new chapter in life. Under Internal Revenue Code (IRC) Section...
Employee Retention Credit
At the beginning of 2021, a new tax law extended the Covid-19 Employee Retention Credit (ERC) that was available in 2020. The new law...
