Child Tax Credit Changes for the 2025 Tax Year
Child Tax Credit Changes for the 2025 Tax Year
11/19/24 7:00 AM

The Internal Revenue Service (IRS) recently announced changes to some tax credits that will be enacted for the 2025 tax ...

Planning Around Uncertainty: What Taxpayers Should Know About TRAWFA
Planning Around Uncertainty: What Taxpayers Should Know About TRAWFA
11/19/24 6:45 AM

At the beginning of 2024, the Tax Relief for American Workers and Families Act (TRAWFA) had a great deal of momentum, ha...

Using Funds From a 529: Important Things to Know
Using Funds From a 529: Important Things to Know
10/21/24 9:15 AM

The cost of higher education continues to increase, with the average cost of college now hovering around $38,000 per stu...

What Small Businesses Should Know About the Fed Rate Cut
What Small Businesses Should Know About the Fed Rate Cut
10/21/24 6:30 AM

After more than four years of increased interest rates, the Federal Reserve (the Fed) recently made a small rate cut. It...

Tips and Best Practices for Not-For-Profit Cost Allocations
Tips and Best Practices for Not-For-Profit Cost Allocations
9/23/24 8:51 AM

A significant challenge facing many not-for-profit organizations involves determining how much of their resources and ex...

How (and Why) to Perform an End-of-Summer Tax Checkup
How (and Why) to Perform an End-of-Summer Tax Checkup
9/23/24 8:12 AM

Although it may seem like tax season only just ended, the end of summer is an ideal time for taxpayers to review their o...

Spouse-Run Businesses Face Special Tax Issues
Spouse-Run Businesses Face Special Tax Issues
9/13/24 9:54 AM

Do you and your spouse together operate a profitable unincorporated business? If so, you face some challenging tax issue...