Purchasing your first home is a significant milestone in life, and the Internal Revenue Service (IRS) offers tax incentives to help first-time homebuyers navigate the financial aspects...
Posted by Taxes Made EZ Inc on 11/30/2023
Tax season can be daunting for many Americans as they scramble to gather receipts, fill out forms, and navigate the complex world of tax regulations. While most people are aware of...
The federal solar tax credit, also called the investment tax credit, allows users to apply up to 30% of the cost of their solar energy on their federal tax. This credit can be...
Property taxes are one of the many types of taxes that property owners have to pay. These taxes are levied on real estate, including land, buildings, and other structures, and are...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 04/27/2023
What are capital allowances?Capital allowances allow taxpayers to get certain reliefs on capital expenditures by allowing deductions from their annual taxable income. Not all expenditures...
Posted by CORE PERFORMANCE on 05/27/2022
One of the things business owners like hearing when it comes to taxes is "tax credit," as it signifies something good. Even though some business owners might confuse tax...
If you recently installed energy efficiency upgrades in your home, such as solar panels, you can get a credit for your investment. Two energy tax credits are currently available for...
Your business is personal good, has resources within its walls, and has a huge impact on what your organization owes in tax. Unfortunately, this critical perspective is often overlooked...
If you have a relative that passed away and left you a considerable sum of money, it is possible to feel that you have arrived. Rather than lavishing the money on frivolities, however,...
Posted by Flynn Financial Group Inc on 06/10/2020