Start Off on the Right Foot for the 2023 Tax Year

Article Highlights: W-4 Updates W-9 Collection Estimated Tax Payments Charitable Contributions Required Minimum Distributions Gifting Retirement-Plan ...

Common Family Tax Mistakes

Article Highlights Family Member Transactions Renting to a Relative Below-Market Loans Transferring Home Titles Gifts Basis Life Estate Incorrect With...

Tax Planning Tips for Attorneys and Lawyers

When it comes to income tax planning, one of the most important things to understand is that not all professions are created equally. Yes, it's true t...

January 2023 Individual Due Dates

January 3 - Time to Call For Your Tax Appointment January is the beginning of tax season. If you have not made an appointment to have your taxes prepa...

Looking Ahead to 2023 Taxes

  Article Highlights: Solar Credit Home Backup Electric Storage Battery Credit Home Energy Improvement Credit Research Credit Clean Energy Vehicles (N...

The Future of Child Tax Credit in Charlotte

Article Highlights: Past changes to child tax credit Senators and their opinions on what should happen in 2022 Owing funds  Advance credit payments Le...

Have You Been Stuck On Hold With the IRS For Hours This January?

We look into the customer service and staffing issues at the IRS Highlights of the article: Are you in for a long tax season? Avoiding delays in proce...

How Does A Non-Working Spouse Qualify for Spousal IRAs?

Article Highlights:   Compensation Requirements Spousal IRA Traditional or Roth IRA? Maximum Contribution As a result of the COVID-19 pandemic, millio...

Tax Advantages to Consider When Saving for College

Article Highlights: Planning for a Child’s Post-Secondary Education  Tax-Advantaged Plans  Tax-Free Earnings  Coverdell Accounts  Qualified Tuition Pl...

Before Year-End, Consider These 10 Tax-Saving Strategies

Article Highlights: Taking a Closer Look at Tax Strategies Tax Credits for Education Converting a Traditional IRA to a Roth IRA is a simple process Mi...