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Tax Central

TAX RELIEF FOR VICTIMS OF 2020 NATURAL DISASTERS

Most of us will always remember the year 2020, as much as we may like to forget it. On top of the COVID-19…

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February 2, 2021
Tax Central

OBSCURE AND OVERLOOKED TAX DEDUCTIONS, CREDITS, AND BENEFITS

As tax time approaches, here are some tax issues that taxpayers frequently overlook, ranging from obscure…

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January 28, 2021
Tax Central

TAX TIME IS AROUND THE CORNER! ARE YOU READY?

Tax time is just around the corner, and if you are like most taxpayers, you are probably facing the ominous…

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January 26, 2021
Tax Central

IRS OFFERS NEW IDENTITY PROTECTION FOR TAXPAYERS

In the past, the IRS has assigned verification numbers to victims of identity theft to file their tax…

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January 21, 2021
Tax Central

HOW BIDEN’S RESCUE PLAN MIGHT IMPACT YOUR TAXES

President Biden released his “American Rescue Plan” on January 14. It is a wish list of proposals…

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January 19, 2021
Tax Central

CHARITABLE CONTRIBUTIONS DEDUCTION LIBERALIZED FOR 2021

As a means to stimulate charitable contributions during the COVID crisis, Congress made two notable changes…

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January 12, 2021
Tax Central

WHAT ARE THE TAX ADVANTAGES OF HOME OWNERSHIP?

Housing is a big expense for everyone. The choice generally involves either renting or purchasing – and…

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December 29, 2020
Tax Central

FINALLY, THE COVID RELIEF PACKAGE IS LAW

After several months of the Republicans and Democrats not being able to agree on additional COVID-related…

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December 28, 2020
Tax Central

HELP IS ON THE WAY – EMERGENCY CORONAVIRUS RELIEF AGREEMENT REACHED

Article Highlights: After months of political bickering, Congress has reached an agreement on an emergency coronavirus relief bill and the President has said he would

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December 21, 2020
Tax Central

DIDN’T GET YOUR ECONOMIC IMPACT PAYMENT? YOU CAN CLAIM IT ON YOUR 2020 RETURN.

One of the more tax-troubling issues this year has been the distribution of what Congress referred to…

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December 15, 2020
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