Local and state governments sell municipal bonds to investors to help fund public projects like repairing a public park or building a new school. While municipal bonds pay tax-free...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/27/2023
When it comes to student loan repayment, married couples face unique challenges. The decision to file taxes jointly or separately can significantly impact the amount of taxes owed...
Posted by Dennis Jao on 05/08/2023
As a business owner, it is crucial to be aware of the various tax credits available to reduce your business taxes. Tax credits are a form of tax relief that allows you to reduce your...
Posted by Tiffany Gaskin on 05/08/2023
In recent years, the Base Erosion and Anti-abuse Tax (BEAT) has become an important consideration for many companies operating in the United States. BEAT was introduced in the 2017...
Posted by KLSM CPA Firm PLLC on 04/30/2023
The student loan interest is another contemplation that requires logic and skills to get what you want from the federal income tax. Remember that it is a loan, but you can still make...
Posted by Dennis Jao on 04/30/2023
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
The loss of personal use property can be a difficult and emotional experience for anyone. Losing personal property can be a devastating blow, whether due to a natural disaster, theft,...
Posted by Dennis Jao on 04/09/2023
As a taxpayer, you may wonder how much the IRS makes from your income. You may have a rough idea of what is withheld from your paycheck but have yet to learn the term effective tax...
Posted by Tiffany Gaskin on 04/09/2023
As people grow older or experience disabilities, it can become harder to meet financial obligations. In recognition, the United States government offers several tax credits to help...
Posted by Taxes Made EZ Inc on 03/31/2023
