Deducting your charitable contribution is tricky because of the changing laws in 2022 and 2023. The law allows taxpayers to deduct their generous contributions without going through...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 04/21/2023
There are specific organizations that provide tax benefits to their donors. For example, the Internal Revenue Code provides tax incentives to people donating to organizations like...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 10/26/2022
If you are living on paycheck to paycheck, that implies that all your money comes and goes out at the end of the month. It may not seem so bad at first. After all, you're up to...
Posted by Taxes Made EZ Inc on 06/11/2022
An unexpected tax bill can ruin anyone's day. To help you avoid this unpleasant surprise, here are some simple steps that many people can take to reduce their taxes. In many cases,...
Companies can take different approaches to maximize profits or minimize losses in a competitive market depending on organizational strengths. While product differentiation and low...
Posted by Pat Raskob on 09/10/2021
The tax day is around the corner, and it is not too early to start preparing your documents for Uncle Sam. This is a really busy time for accountants and tax professionals since they...
Posted by Pat Raskob on 01/30/2021
According to Uncle Sam, miscellaneous expenses are write-offs that cannot be classified into any tax category. Examples are work uniform, clothes, work, equipment, boots, alongside...
What is a health expense reimbursement agreement (HRA)?A health reimbursement agreement (HRA) is an employer-funded plan that reimburses employees for eligible medical expenses and,...
Posted by Schneiderman and Friedman on 01/18/2021
Do you have a hard time sleeping at night thinking of your financial problems? Does your money problems trigger your anxiety? Don't ignore that because financial problems could...
Posted by Carmen Garcia on 04/02/2020