Tax Tips for Newlyweds: What to Know for Your First Married Season

Tax Tips for Newlyweds: What to Know for Your First Married Season

Congratulations newlyweds! Marriage marks an exciting new chapter filled with joy, companionship, and financial teamwork. As you merge your lives together, be sure to update these key tax items to ensure smooth sailing during tax season. Change your name on all...
That email or text from the IRS: It’s a scam!

That email or text from the IRS: It’s a scam!

“Thousands of people have lost millions of dollars and their personal information to tax scams,” according to the IRS. The scams may come in through email, text messages, telephone calls or regular mail. Criminals regularly target both individuals and businesses and...
The IRS clarifies what counts as qualified medical expenses

The IRS clarifies what counts as qualified medical expenses

If you itemize deductions on your tax return, you may wonder: What medical expenses can I include? The IRS recently issued some frequently asked questions addressing when certain costs are qualified medical expenses for federal income tax purposes. Basic rules and IRS...
Inflation Reduction Act – Individual and Small Business Credits

Inflation Reduction Act – Individual and Small Business Credits

The Inflation Reduction Act has been in the news a lot lately, but what does it actually mean for you individually and as a small business owner? Here is a breakdown of what you need to know.  Nonbusiness Energy Property Credits You can get an annual credit of...