Videos & Info Graphics

June 25, 2021

Planning on flipping houses? Check out this helpful video for a quick summary of what you should know about tax treatments.

June 16, 2024

Learn how you can save on taxes by making charitable contributions directly from your IRA.

September 4, 2019

Running out of money is also one of the most common ways that new businesses are forced to close their doors -usually very quickly after their initial launch. Watch now.

January 21, 2020

Video: Tax changes that may affect your 2019 tax return

July 26, 2019

Video: Taxes and combat-injured veterans.

July 15, 2019

The following are some of the more frequently encountered tax issues encountered by recently married couples.

August 28, 2019

To cut to the point right away, your chances are being audited by the IRS are quite slim.

July 19, 2019

According to the IRS, just about 2 million Individual Taxpayer Identification Numbers (ITINs) are set to expire at the end of 2019. Learn more.

October 19, 2024

Learn how the 2025 COLA adjustments will affect Social Security beneficiaries and the financial impact on taxpayers as a whole.

October 13, 2024

Understanding equitable ownership and its tax implications can help taxpayers make informed decisions about property ownership and maximize their tax benefits.

October 5, 2024

The IRS has offered an olive branch to employers that voluntarily withdraw their claims. Watch the video to learn more.

September 23, 2024

The October 15 tax deadline is fast approaching for those who filed for an extension to submit their 2023 tax returns. Contact this office if you need an appointment.

September 14, 2024

Discover the ins and outs of taxes on game show prizes. Learn essential tips to navigate the complexities of reporting these winnings and ensure you're prepared come tax season.

September 7, 2024

Expanding your solar system? Don’t miss the Solar System Expansion Tax Credit. Watch this video to maximize savings!

September 2, 2024

Unlock the basics of inheritance taxes, learn about exemptions, and get tips for estate planning. Contact our office for personalized advice and support.

August 24, 2024

Explore 7 effective methods to optimize your tax situation when you have an abnormally low-income year.

August 17, 2024

Volunteering for a non-profit charity can offer valuable tax breaks and advantages with itemized tax deductions. Watch this video for a quick view of what qualifies as deductible out-of-pocket expenses.

August 10, 2024

Watch this video for a quick overview of how business owners can take advantage of business meal deductions.

August 3, 2024

Watch this video to learn what and how you can deduct your insurance premiums at the end of tax year if you are self-employed.

July 28, 2024

If you're starting a business, choosing the right business entity is one of your most critical decisions. Contact us for assistance.

July 20, 2024

Delve into essential tax credits and practical tips that parents can utilize to save money during the summer.

July 14, 2024

In this video, we'll explore how tax exemption works for Olympic prizes and what it means for the athletes' hard-earned winnings.

June 29, 2024

The IRS has announced on June 20, 2024, significant updates regarding the processing of Employee Retention Credit claims. Watch this video to learn more.

July 7, 2024

Watch the video for a brief overview of how Back Door Roth IRAs can help you boost your retirement savings.

June 23, 2024

Starting a new business involves various costs, many of which can be deducted to reduce your taxable income. Watch this video to learn more about the basics of deducting your new business expenses.

June 9, 2024

Planning ahead and making strategic financial decisions mid-year can significantly reduce your tax liability and maximize your savings. Watch this video for quick tips.

June 2, 2024

Summer break is the perfect time to explore employment opportunities for your children. Watch this video to learn what tax advantages are there for your child.

May 27, 2024

If you are getting married this year, there is a long list of things you need to be aware of and plan for before tying the knot that can have a significant impact on your taxes.

May 18, 2024

Are campaign contributions tax-deductible? Watch this video to find out.

May 10, 2024

Discover what to do when you receive an IRS letter in your mailbox. With computer matching driving audits, our experts can help ease the anxiety.

May 4, 2024

Thinking of discarding your old tax records? Consider these tips before doing so.

April 23, 2024

Although the retirement phase of life may seem to be far in the future, to retire comfortably, people should start planning for it early in life.

April 27, 2024

If you overlooked something in your tax return, it should not be dismissed, and an amended or corrected tax return should be filed.

April 19, 2024

Employees should become familiar with and take advantage of the tax- and financially-favored benefits offered by their employers. Watch this video for more details.

April 7, 2024

Individuals have many options when they cannot pay their tax liability by the April due date.

March 30, 2024

The deadline for most taxpayers to file a federal tax return is coming. Remember to file your tax or file an extension, and pay your due on time.

March 25, 2024

Self-employed taxpayers and those not subject to income tax withholding should remember to make their estimated tax requirements.

March 17, 2024

Get a quick look at Biden’s new tax agenda proposed during his State of the Union on March 7, 2024.

March 10, 2024

If you have experienced identity theft in the past, it is imperative to exercise heightened vigilance and proactive measures, especially during the tax season.

March 3, 2024

The home office tax deduction can be tempting for work-from-home taxpayers, but it comes with complex qualifications and calculations. Watch this video to see if you may qualify for it.

February 25, 2024

Check out this video to learn more about Charity Volunteer Tax Breaks.

February 17, 2024

The tax code places limits on the amounts that individuals can gift to others (as money or property) without paying taxes.

February 11, 2024

A tax credit is available to some taxpayers for the expenses they incur for the care of a child, spouse, or other dependent while the taxpayer is gainfully employed (or is job seeking).

February 4, 2024

Generally, individuals who are 70½ or older may make a Qualified Charitable Distribution (QCD) of up to $100,000 from their individual retirement account each year.

January 28, 2024

Low- and moderate-income taxpayers can save for retirement now and possibly earn a special tax credit in 2024 and years ahead.

January 21, 2024

The IRS is issuing a reminder to individuals who may be eligible for the Recovery Rebate Credit to submit their tax returns and secure their funds before the deadline.

January 14, 2024

This video gives a brief intro on what to watch out for when choosing a tax professional to avoid unscrupulous ghost preparers.

December 24, 2023

With a little advance preparation, taxpayers can approach the upcoming tax season with confidence. Watch this video for what to prepare.

December 17, 2023

As of Jan. 1, 2024, in certain situations, taxpayers will be able to transfer the new and previously owned clean vehicle credits to the dealer to reduce the purchase price or go towards the down payment.

December 9, 2023

If you pay workers other than employees $600 or more for the year, remember to issue a Form 1099-NEC after the end of year.

December 4, 2023

It’s time to review your 2023 tax withholding to avoid a potential surprise when you file tax return next year.

November 27, 2023

Is your income lower than usual this year? Here are some tax planning opportunities you should take advantage of.

November 18, 2023

The IRS reminded those who were born in 1950 or earlier about the upcoming deadlines for required minimum distributions.

November 11, 2023

It is common practice during the holidays for employers to give their employees gifts, but there are tax implications. Watch this video to learn more.

October 29, 2023

Did you know there are above-the-line deductions that you may be eligible for on top of your standard deductions? Watch this video to find out.

October 22, 2023

Scammers solicit donations to fake charities and can pose as employees of legitimate charities or federal agencies to dupe disaster victims trying to get disaster relief.

October 15, 2023

Starting a new business can seem overwhelming for new entrepreneurs. Here are a few tax planning to-dos any individual needs to consider when starting their business.

October 8, 2023

In the aftermath of a disaster, having the updated documents and other information readily available can help victims apply for the relief available from the IRS and other agencies.

October 1, 2023

If your employer has educational assistance programs, they can use them to help pay student loan obligations for their employees.

September 24, 2023

Homeowners, explore several clean energy tax credits for your home improvements.

September 16, 2023

When couples separate or divorce, the change in their relationship status affects their tax situation. Watch this video for what to note during your tax planning.

September 10, 2023

Getting a letter from the IRS can make some taxpayers nervous – but it does not necessarily mean you are in trouble. Watch this video for quick tips on how you should handle this.

September 6, 2023

Generally, tax records should be kept for 3 years from the due date of the return to which they apply, but there are exceptions. Watch this video to learn more.

August 27, 2023

Explore several child tax breaks and tax credits for new parents in this video.

July 22, 2023

The RMD required beginning date for IRA owners who will attain the age of 72 in 2023 has been moved to April 1, 2025.

August 20, 2023

Ignoring your retirement needs when you are young may lead to last-minute scrambles for funding late in life.

August 13, 2023

When you are starting a business, there are several possible business entity types that need to be considered. Contact us for assistance with choosing the right one.

August 6, 2023

Grandparents rearing grandchildren may qualify for a variety of tax breaks. Watch this video to learn about these tax opportunities.

July 30, 2023

If you realize that you have made a mistake on your tax return or receive a correction notice from the IRS, watch this video for a brief guide on how to proceed.

July 14, 2023

Taxpayers who are selling their home may qualify to exclude from their income all or part of any gain from the sale when filing their tax return.

July 9, 2023

Tax relief is available for people living in areas that are declared disasters by the Federal Emergency Management Agency. Watch this video to learn more.

July 3, 2023

If you are getting married this year, there is a long list of things you need to be aware of and plan for that can have a significant impact on your taxes.

June 18, 2023

Be careful not to fall for Employee Retention Credit scams. Watch this video to learn more.

May 21, 2023

Watch out for unscrupulous tax preparers and tax fraud promoters. Taxpayers should use only reputable tax professionals and know what is on their tax returns.

May 14, 2023

The Inflation Reduction Act of 2022 made several changes to the tax credits provided for qualified plug-in electric drive motor vehicles, including adding fuel cell vehicles to the tax credit.

May 7, 2023

Even after making every effort to file a complete and accurate tax return, mistakes or omissions can happen. This can be corrected by filing an amended return.

April 30, 2023

No matter how a taxpayer plans to use their tax refund, it helps to know when to expect it. Watch this video to learn more.

April 23, 2023

There is a nationwide surge in check fraud schemes targeting the U.S. Mail. Watch this video to learn more.

April 16, 2023

Even if an individual is not required to file a tax return, they may still qualify for certain deductions. Watch this video to learn more.

April 9, 2023

Anyone who needs to pay their federal tax bill has several ways to send a payment to the IRS quickly and securely.

April 2, 2023

Taxpayers who can’t file by April 18, 2023 deadline can request an extension before that deadline, but they should know that an extension to file is not an extension to pay taxes.

March 26, 2023

U.S. citizens and resident aliens living abroad should know their tax obligations. Watch this video for an overview.

March 14, 2023

Protect yourself from identity theft by securing your personal information, understanding the threat of identity theft, and exercising caution.

March 17, 2023

IRA contributions for the prior year can be made after the close of the year if made by the return’s original filing due date for the year.

February 26, 2023

Because most of the COVID pandemic-related tax benefits have come to an end, your tax refunds may be smaller this year and substantially smaller for many.

February 19, 2023

The SECURE 2.0 Act provides families and students with the option to roll over their leftover funds in a 529 account into a Roth IRA.

February 5, 2023

Here are some of the common tax forms you need to be on the lookout for to prepare for this tax season.

January 29, 2023

The IRS recently completed the final automatic corrections of tax year 2020 accounts for taxpayers who overpaid their taxes on 2020 unemployment compensation.

January 22, 2023

The RMD starting age requirement for traditional individual retirement plans and 401(k)s rises to 73 for 2023 and to 75 a decade later, giving accounts more time to grow in value.

December 24, 2022

A QCD is a nontaxable distribution made directly by the trustee of an IRA to organizations that are eligible to receive tax-deductible contributions.

December 18, 2022

IRS reminds those over age 72 to start withdrawals from IRAs and retirement plans to avoid penalties.

November 13, 2022

An Offer in Compromise can be an effective way for individuals and businesses to settle a federal tax debt.

October 30, 2022

More than 9 million individuals and families who appear to qualify for a variety of key tax benefits but did not claim them by filing an income tax return are being contacted by the Internal Revenue Service. Watch our video to learn more.

October 9, 2022

The IRS is offering tax relief for individuals and businesses within any area designated by FEMA to be impacted by Hurricane Ian.

September 24, 2022

Watch this video to see which home expenses can and cannot be deducted from your tax return.

September 17, 2022

Many taxpayers forfeit sizable tax refunds because they are not required to file a tax return. If you have skipped filing tax returns in the last few years, watch this video to see what you may be missing out on.

September 8, 2022

The third quarter estimated tax payment is due on September 15th. If you need help estimating your taxes, please contact our office for additional assistance.

August 28, 2022

With concerns about a recession on the rise, now is the time to start thinking about how you would weather an economic downturn.

August 21, 2022

In 2022, the tax deduction for educators who invest in classroom supplies will be increased. Watch the video to learn more and take advantage of this tax opportunity.

August 14, 2022

Donating to a charity is a great way to give back, but you should also take simple precautions to protect yourself from potential scams and make sure your donation goes to a worthy cause.