Individual Taxes

Due to the American Rescue Plan Act of 2021, the Child Tax Credit is expanded for just the 2021 tax year. What does this mean? The credit will increase for many eligible taxpayers. You may receive part of your tax credit before even filing your 2021 tax return. Children who turn 17 in 2021 will […]

You may not yet be thinking about the upcoming tax season, but now is the best time to start planning for it. Preparing early will help make things go smoothly once it comes time to have your taxes done. While most of your paperwork will not be available at this time, there are still a

Recently Ron did a tax planning seminar in conjunction with a local financial planner, watch it today. If you’re ready to start tax planning, give us a call today.

COVID-19 has caused millions of Americans to seek unemployment compensation, and some are receiving it for the first time. Just like any other type of income, unemployment benefits are subject to taxes—including unemployment compensation received as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Below is a brief guide to help you

The New Year is here and already we can’t believe how fast it is going! We wanted to take a moment to share with you the latest mileage rates for 2020. These rates went into effect January 1, 2020 and are important for you to know if you keep track of your mileage. If you’re

There are only a few days left in 2019. With that, you may be wondering what last-minute things you can do to help reduce your taxes. Here are a few things to consider: Donate to Charity Donating to charity is not only a great thing to do, it also may be a great tax benefit.

Tax day may still be several months away, but deductible expenses come up all throughout the year. It’s a good idea to keep track of which purchases you’ll be able to deduct and keep the receipts with your tax paperwork— this will help tax time go smoothly for you and make sure you save as

Underwithholding or overwithholding taxes is a risk most people in the United States face, and if you work two or more jobs, there is an increased chance that your employers may not be withholding the right amount of tax from your paycheck. If you don’t catch any issues you may have, you will either not

Even a supposedly simple individual tax return can have its challenges, and with tax laws continually changing, it can be all too easy to make costly mistakes or to overlook deductions and credits you may be entitled to. If you want to make sure your taxes are filed correctly without taking on the burden of