by Pierre Philantrope | Oct 12, 2022 | Tax Tip
President Biden signed into law the 2022 Inflation Reduction Act (the Act). The Act includes numerous tax provisions for individuals – most notably an array of new tax credits relating to energy efficient homes, businesses, and vehicles. It also provides several...
by Pierre Philantrope | Oct 5, 2022 | Tax Tip
President Biden signed into law the 2022 Inflation Reduction Act (the Act). The Act includes numerous tax provisions – most notably an array of new tax credits relating to energy efficient homes, businesses, and vehicles. It also provides several new healthcare...
by Pierre Philantrope | Sep 28, 2022 | Tax Tip
Taxpayers should ensure that they have and produce all their required tax documents when filing their tax return. There are modifications to the tax forms to account for all the changes in tax laws that were implemented during the past year.Checklist To Consider For...
by Pierre Philantrope | Sep 21, 2022 | Tax Tip
Do you have a property that you rent out? If the average period of rental is less than 30 days, you likely have a choice. You would either: claim the income and expenses on Schedule C, orclaim the income and expenses on Schedule E. When Is Schedule C a Good Choice? If...
by Pierre Philantrope | Sep 14, 2022 | Tax Tip
Many taxpayers have either entered into an agreement with the Internal Revenue Service to pay their tax debts or completely ignore them. In some cases, they have failed to honor the agreement or have completely disregarded IRS notices for payments because of certain...
Recent Comments