Thinking about buying an electric or fuel cell vehicle? You might be excited by the new tax credits that are part of the Inflation Reduction Act…but you’ll want to...
It’s harvest time, but we aren’t talking fruits and vegies, we are referring to an investment strategy that can help you save money on taxes – Cryptocurrency Tax-Loss Harvesting....
An Overview of the Bill The $1 trillion bipartisan infrastructure bill is big news and for good reason. This 2,702-page legislation includes $550 billion in new federal investment in...
Bitcoin rose from $8,000 per coin to over $40,000 in less than a year! That’s awesome, but now you have gains to account for in your tax return! Our...
With home sales up in our area we are getting calls with questions about capital gains tax. Let’s see if our answer helps you! Trying to sell the home...
Paper Returns Backlogged Reports are telling us that paper returns are resulting in long delays. The IRS was forced to suspend the processing of paper tax returns, and as...
Have you received your stimulus payment? The first round of stimulus payments has resulted in deposits in many of our bank accounts. Let’s be clear about why some people...
More time to pay…and now more time to file If you’ve been following the news, and most of us have, you’ve heard about the extra time the Federal Government...
April 15th is a date common to all of us – it is the deadline for filing most tax returns. But there are other dates we need to know...
The IRS has recently passed legislation that reduces the amount of charitable deductions to state funds that you can claim on your federal tax return. This is in an...