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Five Tax Deductions You Can Still Claim In 2020

February 24, 2020

Although the 2017 Tax Cuts and Jobs Act eliminated a number of key tax deductions, here are a few expenses you can still write off if you're in the process of putting together your 2019 return. CLICK ON THE HEADLINE FOR MORE

13 Of The Craziest Tax Deductions Ever Claimed

December 30, 2018

Only two things are for certain: death and taxes. But at least with taxes, you can claim deductions. And that’s where the fun begins. CLICK ON THE HEADLINE MORE

Take Advantage Of Family-Specific Deductions And Credits On Your 2017 Taxes

February 26, 2018

When you're filing for a family – and already worrying about stretching your budget to cover costs for multiple people – you want to be sure to take advantage of every tax break available to you. CLICK ON THE HEADLINE FOR MORE

Four Tax Deductions You Had No Idea Existed

March 27, 2017

When it comes to taxes, what you don't know CAN hurt you. For a look at four commonly overlooked tax deductions, CLICK ON THE HEADLINE

Nine Expenses You Can’t Deduct On Your Tax Return

January 23, 2017

If you can't prove your deductions are valid if audited, you could end up having to pay additional taxes, penalties and interest. For some expenses you can't deduct in most cases, CLICK ON THE HEADLINE

5 Reasons Why Your Business Needs An Accountant

April 6, 2015

It may feel daunting to let an outsider in on the intimate details of how your business is run, but partnering with an accountant will actually help you to achieve your goals and set you up for long-term success. CLICK ON THE HEADLINE FOR MORE

Recent Posts

IRS Proposes New Rules For Investments Held In Trump AccountsAugust 31, 2026 - 5:59 pm
New IRS guidance would establish limits on how Trump Account funds may be invested while beneficiaries are minors, including restrictions involving fund structure, fees and investment strategy. One provision could have a particularly important impact on how these accounts are managed when families do not make an investment choice.
Four Popular Tax Credits Could Soon Carry A New Refund RequirementAugust 24, 2026 - 7:11 pm
The Treasury Department and IRS have proposed an eligibility test affecting four widely used individual tax credits. The change would apply only when a credit produces money beyond the taxpayer’s federal income tax liability—and one filing detail could determine whether that additional amount is paid.
Moving Retirement Money Could Soon Get Easier Under New IRS GuidanceAugust 17, 2026 - 5:36 pm
The IRS is proposing a more standardized way to move retirement savings between employer-sponsored plans and IRAs, potentially reducing paperwork and uncertainty for workers changing jobs or consolidating accounts. But one important element of the new rollover process could make a meaningful difference for plan participants and administrators.
Expanded Paid-Leave Tax Credit Gives Employers More Ways To QualifyAugust 10, 2026 - 6:07 pm
New IRS guidance explains how businesses can benefit from the permanently expanded federal tax credit for paid family and medical leave, including broader employee eligibility and a new insurance-premium option.
IRS Introduces Automatic Penalty Relief For Taxpayers With Strong Filing HistoriesAugust 3, 2026 - 5:12 pm
A new IRS program will automatically prevent certain filing and payment penalties for taxpayers with a record of meeting their obligations—eliminating the need to request relief in many cases.
IRS Eyes Charitable Donation Abuse In New Audits, Tax Pros SayJuly 27, 2026 - 9:03 pm
The IRS is increasing audits of non-cash charitable donations, with tax professionals reporting greater scrutiny of asset valuations, appraisal requirements and technical filing rules as the agency broadens enforcement beyond conservation easements.
Nine Reasons The IRS Could Take Your Tax RefundJuly 20, 2026 - 6:56 pm
A tax refund isn’t always guaranteed to reach your bank account. Here’s a list of reasons why the IRS may legally withhold or offset your refund—and what you can do if it happens.
Your First Required IRA Withdrawal At 73 Can Push You Past The IRMAA Cliff For A Full YearJuly 13, 2026 - 6:02 pm
Turning 73 brings an important retirement decision: when to take your first required minimum distribution (RMD). Waiting until April 1 of the following year may seem convenient, but it can result in two RMDs landing in the same tax year, potentially increasing your income and triggering higher Medicare premiums through IRMAA.