Tax Preparation

 Individuals are always looking for tax deductions that can reduce their tax liability. But what is a tax deduction really worth?

Tax time is here, and if you are like most taxpayers, you are finding yourself with the ominous chore of pulling together the records for your tax appointment.

Those who have large taxable gains from the sale of a stock, asset, or business and would like to defer that gain with the possibility of excluding some of it from taxation should investigate a [...]

When it comes to transactions between family members, the tax laws are frequently overlooked, if not outright trampled upon. The following are three common family tax mistakes and the tax [...]

Tax reform added some new taxpayer-advantageous changes to college savings plans.

If you are a business owner who is accustomed to deducting business meals, treating clients to sporting events, golf getaways, concerts and the like, you were no doubt saddened by the part of the [...]

The most recent tax reform has dealt teacher a raw deal when it comes to deducting supplies that they purchase out of their own pockets. 

Not all provisions of the Tax Cuts and Jobs Act are beneficial to taxpayers.  One notable negative provision is the suspension of the deduction for employee business expense.

The Affordable Care Act requires you and each member of your family to have minimum essential coverage,

Form 1095-B, Health Coverage, is used to report certain information to the IRS and to taxpayers about individuals who are covered by minimum essential coverage and, therefore, aren’t liable [...]