Did you know there are five different filing statuses for federal tax returns? They generally depend on a taxpayer’s marital status as of Dec. 31. However, more than one filing status may apply in...

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On Nov. 15, President Biden signed the Infrastructure Investment and Jobs Act. The $1.2 trillion law provides money for improvements in bridges, mass transit, rail, airports, ports, and waterways. The bipartisan legislation also contains...

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As we approach the end of the year, be aware that taxpayers are allowed a special charitable contribution deduction for 2021 even if they don’t itemize. Ordinarily, people who claim the standard deduction on...

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The IRS is sending out refunds averaging $1,189 to 430,000 taxpayers. This is the latest batch of refunds based on American Rescue Plan Act (ARPA) changes made after many taxpayers had already filed their...

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Millions of taxpayers still work from home due to the pandemic. This has some wondering if they can claim home office deductions on their 2021 tax returns. Those who qualify may be able to...

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Employers: The next quarterly payroll tax return is due Nov. 1. The IRS is urging employers to file the returns electronically. In addition, be aware that the tax credits for qualified sick and family...

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Now that the last quarter of 2021 is here, the IRS is reminding taxpayers that it’s a good time to check withholding. Life changes that might’ve occurred in 2021 can affect your taxes. Examples...

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When we give money to charity, we want it to be used wisely. Unfortunately, a great deal of money given to charity is stolen by criminals. Charity Fraud Awareness Week runs from Oct. 18-22...

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Taxpayers who don’t qualify for the Child Tax Credit because their children are too old may have an alternative. The Credit for Other Dependents maxes out at $500 per dependent if certain conditions are...

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