Understanding the Mortgage Interest Deduction
The information in this article is up to date for tax year 2022 (returns filed in 2023).
The mortgage interest deduction… Read more
Tax Law Changes
Tax Law Updates to Know for 2023
Changes for the 2022 tax year reflect recent economic changes and some tax law reversals as COVID-19 related tax relief… Read more
Why You Might Get a Form 1099-K and What it Means for Your Taxes
For the 2022 calendar year, if you received $20,000 or more in payments for goods and services and conducted more than 200… Read more
All About The Child and Dependent Care Credit
For many working parents, paying for childcare is simply a fact of life. But a portion of those expenses could actually qualify… Read more
Everything You Need to Know About the 2021 Child Tax Credit
The information in this article was last updated on Aug. 10, 2021. This article relates to the tax laws enacted during the… Read more
The 2021 Recovery Rebate Credit
The information in this article was last updated on June 24, 2021. This article relates to the tax laws enacted during the… Read more
What is Form 1099-NEC?
IRS Form 1099-NEC is the tax form used to report to report non-employee compensation for tax year 2020 and beyond. Before… Read more
Did Tax Reform Change the Deductions for Your Home Office?
The Tax Cuts and Jobs Act (TCJA) of 2017 eliminated the miscellaneous deduction for home office expenses for… Read more
Need-to-Know Tax Reform
The Tax Cuts and Jobs Act took effect in 2018. Some of the changes outlined in the act are permanent, while others will expire… Read more
Getting Ahead on Your 2021 Federal Income Tax Return
Americans are continuing to recover from the financial impact of the pandemic. The government has extended certain forms… Read more