Boost Your Home Improvements with Tax Credits
Jun 11, 2024 | Tax Tips
For many homeowners, summer means it’s time to tackle home improvement projects. By investing in certain energy-efficient updates, taxpayers not only can lower their power bills but also can score some tax breaks. The Energy Efficient Home Improvement Credit equals...Tax Breaks for Increasing Accessibility
Jun 11, 2024 | Tax Tips
Certain small business owners may qualify for tax breaks by making their premises accessible to people with disabilities. The CDC reports that 61 million people in the United States are affected by disabilities. The Disabled Access Credit is a nonrefundable credit for...The “Nanny Tax” Must Be Paid for Nannies and Other Household Employees
May 6, 2024 | Tax Tips
If you employ a household worker who isn’t an independent contractor, you may be required to pay employment taxes on the worker’s cash wages. This is commonly referred to as the “nanny tax.” In 2024, when a household employee’s cash wages reach at least $2,700, you...Discovering a Mistake After Your Tax Return Is Filed
May 6, 2024 | Tax Tips
Did you file your 2023 tax return and then realize you’d made a mistake? Perhaps you completed your return yourself and made an error in math or neglected to include a schedule that should’ve been attached. Or maybe you recently remembered some large, potentially...What to Do if Your Business’s Data Security Is Breached
May 6, 2024 | Tax Tips
Most businesses store sensitive information about employees and customers, such as names, addresses, Social Security numbers (SSNs), banking information and more. If lost or stolen, this data could put individuals at risk for identity theft and other types of damage....Tax Due Dates for
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