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Tax Central

TAX ISSUES TO BE AWARE OF AS YEAR-END APPROACHES

It seems hard to believe, but the holiday season is almost upon us, and that means that the 2020 tax…

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December 8, 2020
Tax Central

2020 TAX DEDUCTION FINDER & PROBLEM SOLVER

This is an archive of the 2020 edition of our tax organizer. Use this organizer if you have not yet filed…

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November 22, 2020
Tax Central

BEWARE OF NEW TEXT SCAM RELATED TO STIMULUS PAYMENTS

The IRS has warned taxpayers of a clever scheme by internet scammers to dupe taxpayers into revealing…

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November 10, 2020
Tax Central

RENTING YOUR HOME OR VACATION HOME FOR SHORT PERIODS

Many taxpayers rent out their first or second homes without considering tax consequences. Some of these…

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November 5, 2020
Tax Central

IRS RELEASES INFLATION ADJUSTMENTS FOR 2021

To cope with inflation, the tax code requires the IRS to adjust the tax rates, standard deductions, and…

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November 3, 2020
Tax Central

IS THAT INHERITANCE TAXABLE?

Are inheritances taxable? This is a frequently misunderstood taxation issue, and the answer can be complicated….

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October 29, 2020
For Business

DON’T MISS OUT ON YEAR-END TAX-PLANNING OPPORTUNITIES

To say COVID-19 has made 2020 a disastrous year for just about everyone would be an understatement. In…

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October 22, 2020
Tax Central

THERE IS MORE TO DEDUCTING HEALTH INSURANCE THAN MEETS THE EYE

Health insurance premiums, especially in the wake of the Affordable Care Act, have risen dramatically…

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October 15, 2020
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