Jan.15, 2025
What will your marginal income tax rate be?
While the Tax Cuts and Jobs Act (TCJA) generally reduced individual tax rates for 2018 through 2025, some taxpayers coul...
Jan.15, 2025
Small business strategy: A heavy vehicle plus a home office equals tax savings
New and used “heavy” SUVs, pickups and vans placed in service in 2025 are potentially eligible for big first-year deprec...
Jan.14, 2025
Saving for college: Tax breaks and strategies your family should know
As higher education costs continue to rise, you may be concerned about how to save and pay for college. Fortunately, sev...
Jan.10, 2025
Savings bonds and taxes: What you need to know
When considering the advantages of U.S. Treasury savings bonds, you may appreciate their relative safety, simplicity and...
Jan.9, 2025
Understanding the Work Opportunity Tax Credit
According to the U.S. Bureau of Labor Statistics, the unemployment rate continues to be historically low, ranging from 4...
Jan.7, 2025
How Section 1231 gains and losses affect business asset sales
When selling business assets, understanding the tax implications is crucial. One area to focus on is Section 1231 of the...