Plug In Tax Savings for Electric Vehicles
Are you interested in joining the growing ranks of plug-in electric vehicle owners? Find out about the federal income tax credit you might be able to claim.
How Entrepreneurs Must Treat Expenses on Their Tax Returns
Starting a new business can be a hectic, exciting and expensive time. Be aware that not all start-up expenses can be deducted on your tax return right away. Some may have to be amortized over time.
3 Questions You May Have After Filing Your Tax Return
After filing a tax return, you may have questions…
Medicare Premiums Could Lower Your Tax Bill
If you’re covered by Medicare, you know it can be confusing. You may not know that, if you qualify, you can deduct the cost of premiums, along with other medical costs, on your tax return. But it can be tough to qualify.
Make a Deductible IRA Contribution for 2018. It’s Not Too Late!
Have you made your 2018 IRA contributions? It’s not too late just because it’s 2019. But you must act fast.
Still Working After Age 70½? You May Not Have to Begin 401(k) Withdrawals
Are you still working after age 70½ and don’t want to take required minimum distributions from your 401(k) account? You might not have to. Here are the details.
Stretch Your College Student’s Spending Money with the Dependent Tax Credit
Are you the parent of a child who is age 17 to 23? You may be eligible for a $500 dependent tax credit. Here are the qualifications.
The 2018 Gift Tax Return Deadline
When you think of April 15, you probably think of the income tax return deadline. But it’s also the gift tax return deadline. Find out if you mus t (or should) file a 2018 gift tax return this April.
Vehicle-expense Deduction for Individual Taxpayers
Rather than keeping track of your actual vehicle-related expenses, you can use a standard mileage rate to compute related tax deductions. But when are individual taxpayers eligible to deduct vehicle-related expenses
Beware the Ides of March – If You Own a Pass-through Entity
Friends, Romans and countrymen, lend me your ears: All ye who must file a partnership or S corporation tax return, watch out for this tax deadline.