by Anthony Imbimbo | Aug 28, 2023 | Business Income Tax, Individual Income Tax, Tax Audit
Form 1099K Issued to Many Unsuspecting Taxpayers
by Mike Krauss | Jan 1, 2021 | Business Income Tax, Individual Income Tax
When determining your business’s annual vehicle expenses, you generally have the option of using actual expenses incurred or the Federal Mileage Rate. Who Uses the Federal Mileage Rate Using the Federal Mileage Rate primarily involves keeping track of miles...
by Mike Krauss | Oct 10, 2020 | Individual Income Tax
Not fully understanding the Premium Tax Credit for health insurance can result in a significant increase in your tax liability.
by Anthony Imbimbo | Jun 19, 2020 | Business Income Tax, Individual Income Tax
Filing taxes can be a hassle. If you’re an individual and only need to fill out a W-2, you can likely handle that yourself. But when your return is more complex, you might find it’s worth hiring a professional — someone who can save you not only time and stress but...
by Anthony Imbimbo | May 20, 2020 | Individual Income Tax
The Tax Cuts and Jobs Act (TCJA) enacted in 2017 had significant changes to itemized deductions and standardized deductions. There is now a $10,000 limit on state and local taxes. Types of state and local taxes include: real estate taxes, state income tax withheld...