Yes! You Owe Tax On That!
6 Surprising Taxable Items If something of value changes hands, you can bet the IRS considers a way to tax…
Tips for a Smooth Tax Season
With tax season officially underway, here are tips to make filing your return as stress-free as possible: Read More
Year-End Tax Cutting Moves to Consider
Here are moves you can make to reduce your taxable income. But the year is quickly coming to a close,…
Spend Less with these 5 Money Tips
Government data shows that record inflation from the last few years started to slow down throughout 2023, but much of…
Understanding Goodwill in Accounting
You might know the word “goodwill” as the name of a local charity where you can drop off household items…
The Trouble With 0% Financing
Companies want to make it easy to buy their big ticket items, especially at times of economic uncertainty. A popular…
5 Ways To An Accountant’s Heart
In the last few years, the shortage of accounting professionals has grown tremendously, and many business owners are struggling to…
What Income Are You Required to Pay Tax On?
In general, income can be received in three ways – money, services, and property – and IRS requires you to…
Income Tax Deductions vs. Tax Credits
Which One Is Better? While a deduction can reduce the amount of taxable income, credits can directly reduce the amount…
The Inflation Reduction Act: Electric Vehicle Credits
Are you considering buying an electric vehicle in 2023? The rules have recently changed, due to the passage of the…