We all know how expensive healthcare can be, so being able to claim a tax deduction for some of your insurance costs can help you save come tax time. Since there are specific rules and qualifications you must follow, here’s...
“Flip houses and make big bucks” scream the headlines. The premise is simple – buy real estate with little down, fix it up, and sell it quickly. What could be easier? Well, easy or not, one thing the promoters rarely...
The Coronavirus Aid, Relief and Economic Security Act (CARES) — a $2 trillion stimulus package to provide financial relief to individuals, families and businesses — was signed into law. The 2020 coronavirus stimulus package will deliver relief through a range...
The IRS is continuing to send stimulus payments to eligible Americans across the United States. Stimulus payments will be based on your 2019 tax return, or your 2018 tax return if you have not yet filed this season. The IRS...
You may have heard tax reform eliminated tax deductions for un-reimbursed employee business expenses beginning with your 2018 taxes. If you own your own business, however, you can still deduct business expenses. So what high-tech toys (oops, excuse me, necessary...
You may or may not have heard that the IRS launched a newly redesigned Form W-4 used to adjust federal tax withholding, which is effective starting with the tax year 2020 (the taxes you file in 2021). The IRS created...
In response to Coronavirus, the Treasury, IRS, federal and state governments have announced changes to the 2019 tax filing deadline. The federal tax deadline has been extended to July 15, 2020. While a majority of states’ filing deadlines have been...
For many couples, juggling time with the family along with work obligations means something has got to give. A solution that some families have found to be a wonderful arrangement is hiring a nanny or housekeeper. Having a capable professional...
Coronavirus has significantly changed the way we currently live our lives. My wife is a professor at the University of Maryland and she’s seen first hand the impact it’s had on the university. Many of the classes are now online...
The proliferation of rideshare companies like Uber and Lyft has created a whole new income stream for many people. In general, as a driver for a rideshare company, if you contract your driving services and your work is not under...
We all know how expensive healthcare can be, so being able to claim a tax deduction for some of your insurance costs can help you save come tax time. Since there are specific rules and qualifications you must follow, here’s... 
