Don’t forget income taxes when planning your estate
October 5, 2022
With the current federal estate tax exemption at $12.06 million, you may not be worried about estate taxes. But you should still think about saving income taxes for your heirs.
Should there be new tax rules for telecommuters?
October 3, 2022
Employers are well aware of how telecommuting has exploded in popularity. But is the IRS keeping up? A well-known accounting organization recently called for changes to some of the applicable tax rules.
Seller-paid points: Can homeowners deduct them?
September 28, 2022
In general, points a BUYER pays in a home sale are a tax-deductible interest expense. But what about SELLER-paid points?
The Inflation Reduction Act: what’s in it for you?
September 12, 2022
If you’re interested in purchasing energy-saving property for your home or an electric vehicle, you may qualify for a tax break under the new Inflation Reduction Act. Here are the basic rules.
Inflation Reduction Act provisions of interest to small businesses
September 9, 2022
The new Inflation Reduction Act provides small businesses with an incentive to increase their investments in research.
Home sweet home: Do you qualify for office deductions?
September 2, 2022
Many people started working from home during the pandemic and have continued working out of home offices. Some of them qualify for home office deductions, but unfortunately, not all of them do. Here are the rules.
