Since the transition of power in Washington, the new administration has outlined a strict American families plan on April 28, 2021. The main focus of the tax plan is to extend tax breaks, part of the American Rescue Plan Act, for lower and middle-income taxpayers.... read more
So tax season is officially over. May 17th is behind us, and you filed. Congrats! But wait, you check with your accountant and see that you left something out. You may be scrambling, worried sick about your mistake. Don't worry because depending on the error, you may not have to amend your return.... read more
Thinking about taxes can be a painful thought. However, it doesn't have to be painful. Planning can save you heartache in the coming months. As taxpayers, it's essential to consider your situation and take proactive steps so you don't end up owing the IRS money come April 14th, 2022. To avert any unpleasant surprises at tax time, here are 3 ways for you to save money in taxes in 2022.... read more