Category: Tax Central

July 1 – Time for a Mid-Year Tax Check Up Time to review your 2024 year-to-date income and expenses to ensure estimated tax payments and

Article Highlights: What is the Adoption Credit Eligibility Criteria Maximum Credit Amount and Phase-Out Interaction with the Alternative Minimum Tax Unused Credit Carryover Employer-Reimbursed Expenses

New research indicates that children living in Seattle experienced a significant decrease in body mass index (BMI) following the implementation of the city’s soda tax.

Throughout history, taxes have been a fundamental aspect of governance, often reflecting the economic and social priorities of the times. While many taxes are straightforward,

Article Highlights: Severance Pay Unemployment Compensation  Health Insuranceo   COBRAo   Marketplace Employer Retirement Plans Repaying Retirement Plan Loans Moving and Home Sale Navigating the Financial Consequences Losing a

As Boomers and Gen Xers approach retirement, effective financial planning becomes crucial to ensure a comfortable and secure future. This article outlines essential tax and

When it comes time to file taxes, most Americans aim for accuracy and timeliness. However, despite taxpayers’ best efforts, mistakes happen. One of the most

Article Highlights: Definition of a Dwelling Unit The Augusta Rule Personal Use Days Taxpayer Uses It Over 10% of the Rental Days Definition of Rental

Article Highlights: Complex Area of Tax Law Physical Injury and Physical Illness Wrongful Incarceration Emotional Distress Wrongful Death Employment Discrimination and Sexual Harassment Punitive Damages

Property taxes are a significant financial burden for many Americans, particularly senior citizens. Rising property taxes have begun to jeopardize the financial stability of older