"Information is the resolution of uncertainty."

Claude Shannon
August 30, 2021
Tax Breaks for Grandparents

More and more individuals who thought their child-rearing days were over are now raising their grandchildren.

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August 25, 2021
September 2021 Due Dates

The third installment of 2021 individual estimated taxes is due.

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August 23, 2021
Should You Opt Out of the Advance Child Tax Credit?

If you have children under the age of 18, by now you likely have gotten your first advance child tax credit payment, either by check or by direct deposit.

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August 19, 2021
4 of the Most Common IRS Tax Problems

For years, politicians have been talking about simplifying the process of filing federal taxes, but despite the promises, the process continues to be complicated and stressful.

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August 16, 2021
Small Businesses: Here’s How the U.S. Supreme Court Wayfair Decision Affects You

If you are a small business owner, chances are good you’re paying more attention to your accounts receivables and deliverables than to a three-year-old Supreme Court decision.

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August 13, 2021
Tax Ramifications of Disposing of a Vehicle

If you are buying a new car, are you wondering what to do with the old one? You actually have a number of options, some of which have tax implications.

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August 9, 2021
Big Mistake: Filing Your Tax Return Late

Three bad things happen when you file your tax return late.

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August 7, 2021
Getting Married and Related Tax Issues

Most weddings planned for 2020 were delayed because of COVID, causing a big upswing in the number of weddings in 2021.

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August 5, 2021
Know Why the Court Denied Losses on Four of Six House Rentals

If you own rental properties that can provide you tax shelter with their losses and your Form 1040 adjusted gross income is less than $150,000 (without considering rental losses), you need to overcome the tax code passive loss rules.

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