IRS Updates July 5, 2023 Fun Tax Facts & Reminders Tax season may be the most exciting time of the year, but here are some… Joshua Thompson Love0
Business Tax Items July 5, 2023 Grouping Passive Activities In the United States, when you are a real estate professional, you can make an… Joshua Thompson Love0
Business Tax Items July 5, 2023 All About S Corporations In the United States, there are several types of corporations that individuals and businesses can… Joshua Thompson Love0
Personal Tax Items June 2, 2023 529 Plans and The New Tax Law The creation of the 529 plans aimed to address the increasing costs of education and… Joshua Thompson Love0
Business Tax Items June 2, 2023 How Can the Changes in 1099-K Reporting Requirements Affect Your Tax Return? A 1099-K is a tax form used to report income received through payment settlement entities,… Joshua Thompson Love0
Personal Tax Items June 2, 2023 Home Energy Tax Credit Updates 2023 Home energy tax credits are incentives provided by governments to encourage homeowners to make energy-efficient… Joshua Thompson Love0
Tax Laws June 2, 2023 What Do You Need to Know About the IRS on Taxing NFTs at a Higher Rate The IRS is seeking public input on its proposal to apply the same tax treatment… Joshua Thompson Love0
Tax Credits March 7, 2023 IRS Clarification of SUV MSRP for Electric Vehicle Tax Credit In order to promote the use of more eco-friendly options, the IRS implemented better policies… Joshua Thompson Love0
Personal Tax Items March 7, 2023 Medical Expense Tax Deduction Medical expenses are tax deductible. The IRS allows you to deduct certain unreimbursed medical and… Joshua Thompson Love0
Personal Tax Items March 7, 2023 Did Congress Make a Mistake on the 401k Catch-Up Contributions? Believe it or not, Congress does make mistakes. They were rushed to pass the massive… Joshua Thompson Love0