Oops! Do I Need to File an Amended Return?

Oops! Do I Need to File an Amended Return?

We all make mistakes. Even the most careful people can slip up when it comes to tax season. The forms are complicated, and sometimes you forget things. But what happens if you realize you made a mistake on your taxes after you’ve already filed your return?...
President Biden’s proposed budget highlights his tax agenda

President Biden’s proposed budget highlights his tax agenda

President Biden has released his proposed budget for the 2025 fiscal year, including numerous tax provisions affecting both businesses and individual taxpayers. While most of these provisions have little chance of coming to fruition while the U.S. House of...
Take action now to reduce your 2023 income tax bill

Take action now to reduce your 2023 income tax bill

A number of factors are making 2023 a confounding tax planning year for many people. They include turbulent markets, stabilizing but still high interest rates and significant changes to the rules regarding retirement planning. While much uncertainty remains, the good...
Pocket a tax break for making energy-efficient home improvements

Pocket a tax break for making energy-efficient home improvements

An estimated 190 million Americans have recently been under heat advisory alerts, according to the National Weather Service. That may have spurred you to think about making your home more energy efficient — and there’s a cool tax break that may apply. Thanks to the...