Possible Tax Breaks to Offset Long-Term Care Costs
If you have a parent entering a nursing home, taxes are probably the last thing on your mind. But you should know there may be several possible tax benefits. Medical …
The Pros and Cons of Digitized Tax and Financial Records
Traditionally, important tax and financial records have been stored as hard copies in desk drawers, filing cabinets, and safe deposit boxes. These days, however, it’s become increasingly popular and easy …
Business Energy Tax Credit Benefits
If you’re a business owner, you might be wondering if using alternative energy technologies in your company can help you manage energy costs and improve your bottom line. If this …
Can you deduct the costs of a self-managed portfolio?
Do you have significant investment-related expenses, including payment for financial service subscriptions, home office maintenance, and clerical support? Under current tax law, these expenses aren’t deductible through 2025 if they’re …
How New Business Start-Up Costs Affect Your Tax Return
Government officials are seeing a large increase in the number of new businesses being launched. The latest data available from the U.S. Census Bureau shows that for the period of …