Companies want to make it easy to buy their big ticket items, especially at times of economic uncertainty. A popular technique is to offer 0% financing when you buy furniture,...
We’ve moved offices to 7799 Leesburg Pike, Suite 1150N.
Companies want to make it easy to buy their big ticket items, especially at times of economic uncertainty. A popular technique is to offer 0% financing when you buy furniture,...
If you’ve been feeling the pinch of higher auto insurance rates along with other rising costs, you should know some factors that impact these rates are well within your control....
Taxes can affect many areas of your life. Here are some common situations when you’ll want to schedule a tax review. 1. Something changed in your life. A change in...
Question: What if I fail to take my required IRA distribution on time? Answer: You’ll face a 50% penalty on the amount that should have been withdrawn. Fortunately your investment...
Head of household tax filing status is available for unmarried taxpayers and certain separated taxpayers who provide a home for a qualifying person, such as a child or a parent....
While most of us know this area of the tax code as the nanny tax, the IRS refers to this as household employees. Definition. Basically the IRS believes individuals may...
The federal tax law allows certain items to be deducted above-the-line to arrive at adjusted gross income (AGI). These deductions are now noted in Schedule 1 of the new form...
Alimony audits The U.S. Treasury Department recently released an audit report revealing a disturbing level of non-compliance in alimony reporting on tax returns. This non-compliance will result in a vast...
Here’s a quick review of some of the tax changes you’ll see from 2022 to 2023 as a result of inflation adjustments and new tax laws. Provision 2023 2022...
Always know your marginal tax rate. Use the tax table here to see the rates applied to each level of your income. SINGLE Tax Rate 2023 2022 10% $1 –...
Please use the form to contact us regarding your questions and tax issues. Please do not send confidential information using this form.