Tax Breaks for Medical Expenses
Depending on your situation, you may be able to claim certain medical expenses as deductions on your tax return. However, you must itemize deductions, and having enough expenses to qualify can be challenging.
Major IRS Payment Changes: What You Need to Know About the September 30, 2025 Electronic Transition
IRS Going Fully Electronic September 30, 2025
Paper checks for tax payments end September 30, 2025. All IRS transactions must be electronic – no exceptions. This security upgrade affects every taxpayer. Learn your payment options and prepare now to avoid compliance issues.
Timing a Roth IRA Conversion
Now might be a good time for some taxpayers to convert their traditional IRA to a Roth IRA.
Closing a Business? Here’s How to Stay on Top of Your Tax Duties
Closing your business is a significant milestone, and part of wrapping things up means taking care of a few tax responsibilities.
Sending the Kids to Day Camp this Summer?
If your child is going to a summer day camp while you work, it may count as an expense toward the federal Child and Dependent Care Credit.
Traveling With Your Spouse on Business? Know What’s Deductible
If you own a company and travel for business, you may wonder whether you can deduct all the costs of having your spouse accompany you on trips. It’s possible, but the rules are restrictive.
Have You Recently Reviewed Your Life Insurance Needs?
The amount of life insurance that’s right for you depends on your personal circumstances, so it’s critical to review your life insurance needs regularly in light of changing circumstances.
Traveling for Business in 2024? What’s Deductible?
Under the tax law, certain requirements for out-of-town business travel within the United States must be met before you can claim a deduction.
Appraisals Aren’t Just for Businesses
Whether you’re in the process of making a retirement or estate plan or you intend to donate property to charity, you’ll need to know the value of your assets.
Education Benefits Help Attract and Retain Employees While Saving Taxes
Your business can attract and retain employees by providing education benefits that enable team members to improve their skills and gain additional knowledge, all on a tax-advantaged basis.