by PTF | Mar 25, 2021 | Articles, Individuals, Tax Preparation
Unemployment Fraudsters May Create a Tax Nightmare for Unsuspecting Taxpayers As if this past year with all of its pandemic perils has not been stressful enough, the Office of the Inspector General for the Department of Labor has just added to our anxieties by...
by PTF | Mar 23, 2021 | Resource, Tax Preparation
Tax Deductions Without Itemizing Article Highlights: Charitable Contributions Educator Expenses Performing Artist Expenses State and Local Government Officials’ Expenses Health Savings Account Contributions Moving Expenses for Members of the Armed Forces...
by PTF | Mar 22, 2021 | Individuals, Planning Services, Tax Preparation
Solar Tax Credit Extended for Two Years Article Highlights: Credit Amounts Deceptive Advertising Refundability Worth the Cost? Qualifying Property When Is the Credit Available? Who Gets the Credit Multiple Installations Battery Installation Costs Basis Adjustment...
by PTF | Mar 18, 2021 | Resource, Tax Preparation
Tax Relief for Victims of 2020 Natural Disasters Article Highlights: Legislation for Major Disasters Definitions Qualified Disaster Distributions Re-Contributing Withdrawals for Home Purchases Retirement Plan Loans Loss Limitations, Revised Relief for Non-Itemizers...
by PTF | Mar 1, 2021 | Tax Preparation, Tax Representation
Beware: These Tax Return Red Flags Could Catch the Eye of the IRS Tax time can be one of the most hated times of the year. Just preparing the forms is enough to be an irritant, and if you owe the government money there’s a good chance that you’re downright annoyed....
by PTF | Feb 24, 2021 | Planning Services, Tax Preparation
Obscure and Overlooked Tax Deductions, Credits, and Benefits Article Highlights: State Income Tax Refund Social Security Taxes Deduction NOL Carryback Charitable Contribution Deduction for Non-Itemizers PPP Loan Expenses Military Reservist Travel Expenses Child’s...
Recent Comments