Every year the IRS releases a list of “Dirty Dozen” tax scams for taxpayers to avoid. The list brings awareness to taxpayers, tax professionals, and financial institutions about new developments in th…

The difference between tax credits and tax deductions is something that can often be misunderstood. Their purposes have a similar end result, and both can play a significant role when you file taxes (…

When a loved one or relative passes away, they may leave behind an inherited IRA. As the beneficiary, you may be the recipient of either an inherited Roth IRA or an inherited traditional IRA. Here are…

There are several key tax strategies for investment property owners that can help save money on taxes. You can use tax strategies to defer tax payments or reduce the amount you owe. However, there are…

The home office deduction can result in major tax savings, depending on the value of your home and the size of your home office. It’s a smart move to decrease your overall tax obligation. However, the…

Receiving an IRS tax audit notice is understandably stressful, but knowing how to respond can ease some of your worries. If you one day discover that IRS notice in your mailbox, this blog can help gui…

Many seniors may not realize they qualify for additional tax breaks that can help save them money in their golden years. It goes without saying that it’s always better to get money back rather than pa…

Wherever you are on the track to social media success, there are a couple of things you should know about the financial side of being an influencer. As soon as you earn your first dollar, whether it’s…

Truck drivers are some of the most resilient workers in the country. Long-haul trips, maintaining compliance with the FMCSA, and dealing with poor weather conditions and other drivers are all things t…