Tax Tips to Help New Business Owners Find Success

Starting a business can be very rewarding. It can also be a little overwhelming. From business plans to market strategies, and even tax responsibilities…there are many things to consider. Here’s what new business owners can do to help get off to a good start. Choose a...

Include Your Home Office as a Tax Deduction

Taxpayers/business owners who use their home for business may be eligible to claim a home office deduction. It allows qualifying taxpayers to deduct certain home expenses on their tax return. This can reduce the amount of the taxpayer’s taxable income. Below are some...

Tips for Teens with Jobs

With summer here, many students will turn their attention to making money from a summer job. Whether it’s flipping burgers or filing documents, the IRS wants student workers to know some facts about their summer jobs and taxes. New Employees Employees – including...

Your Healthcare and Taxes

As we approach the tax season, we can forget to include healthcare information. If you were without insurance of any sort throughout the year, then you may owe a penalty. If you did not have any credits this year and made above the average household income your...

Holiday Preparations and What to Consider

It’s already nearing the Holiday Season as we find ourselves moving through October. Thanksgiving, Chanukah, and Christmas are intended to be the most festive times of year, but for many they can strain finances and leave others emotionally exhausted. Instead of...