Recent News

If you’re selling your primary residence this year, you should take a look at the following to determine whether you have to include it as income on your tax returns.

Nobody likes paying the IRS, and it is even less appealing when you receive an unexpected bill from them. However, there are a number of ways that the IRS will accept payment.

If you are a working parent or plan to look for work this summer, you may need to pay for the care of your child or children. These expenses may qualify for a tax credit that can reduce your federa...

Depreciation is an income tax deduction that allows a taxpayer to recover the cost or other basis of certain property. It is an annual allowance for the wear and tear, deterioration or obsolescence...

With the early start of this year’s hurricane season, the our firm would like to encourage individuals and businesses to safeguard themselves against natural disasters by taking a few simple steps.

If your lender cancelled or forgave your mortgage debt, you generally have to pay tax on that amount. But there are exceptions to this rule for some homeowners who had mortgage debt forgiven in 201...

This tax season is a good time to see if you qualify for either of two college education tax credits or any of several other education-related tax benefits.

Many home-based workers take advantage of the home office deduction when computing their taxes. This process can be onerous and complicated. However, the IRS recently announced a simplified option.