Individual Tax

You may have a teen in your family who holds down a part-time job or works full-time during the summer. You can help your child lay the groundwork for future retirement security early on by encouraging your child to open an individual retirement account (IRA). You may, or may not, get some resistance, especially if […]

Filing taxes can be a daunting task for anyone, but for single parents, it often comes with added complexities. As a single parent, you may be eligible for various tax benefits and credits designed to alleviate some of the financial burdens of raising children on your own. To ensure you’re maximizing your tax return while […]

Obtaining a significant tax benefit for charitable contributions may be a little harder than it used to be, but it’s not impossible. Here’s a look at how the tax landscape for charitable giving has changed and three strategies that could help taxpayers get better tax mileage from their donations. What Has Changed? Because the deduction […]

It can happen online or offline. Are you taking steps to protect your identity? As you work on your 2021 income tax returns, the IRS is still catching up from the 2020 tax year. Because of the COVID-19 pandemic and the problems it caused for all kinds of businesses and government agencies, there are reports […]

“Better late than never” applies when it comes to filing income tax returns. Here’s what you should know. Maybe you didn‘t get your 1040 done in time in a previous year and you figured you couldn’t still file your income taxes. Or maybe you thought you’d owe money that you didn’t have. Or perhaps you […]