Tax Preparation Tips

With these Tax Preparation Tips, we will be able to maximize your refund.
Find out how you can get a higher refund here, when preparing your taxes.

Earned income vs. Adjusted gross income

Gross income. Adjusted gross income. Earned income. Net income. Taxable income.
When you’re trying to do your taxes, they all sound the same. And like all things in the world of taxes, it’s the small differences between them that power your return.
Thi…

5 smart ways to spend your refund

The average 2019 tax refund was $2,833 — that’s a big pay day. Regardless of the amount, refunds can do big things when used wisely. Consider your family goals: Want to be able to pay cash for college? Want a house that’s all yours? Or maybe you’d like…

Cows, farming, and taxes: What you need to know.

Starting a farm? Already keeping a legacy alive? Then you know tax laws for farms are more complex than any new-fangled tractor engine. Even seemingly simple write-offs — like livestock — can operate differently on your return.
Luckily, We’ve got the d…

Groundhog Day and Income tax

Tucked inside the Pennsylvania town of Punxsutawney, a magical burrow awaits. Its resident, respected by many as the nation’s leading voice in weather prediction, readies himself for the spotlight. At 7:25 a…

Living donors can claim tax benefits

The world is full of secret heroes — everyday people who silently put more good into the world. Some perform everyday acts of kindness. Others save lives through organ donation. A generous offering that sometimes results in physical and financial chall…

Living donors can claim tax benefits

The world is full of secret heroes — everyday people who silently put more good into the world. Some perform everyday acts of kindness. Others save lives through organ donation. A generous offering that sometimes results in physical and financial chall…

Is your hobby actually a business?

If you’re making money doing what you love, congrats! Isn’t that what we all want in life? And if your pastime brings home the bacon, does that make it a business? How can you be sure?  
 

As simple as the di…

What Does My Wedding Dress Have to do With My Taxes?

Ah, the picture-perfect wedding dress. The endless hours you spent finding that gown undoubtedly paid off in spades on your big day, culminating in a collection of photos to cherish for years to come — but where is it now? If yours is simply taking up …

What Does My Wedding Dress Have to do With My Taxes?

Ah, the picture-perfect wedding dress. The endless hours you spent finding that gown undoubtedly paid off in spades on your big day, culminating in a collection of photos to cherish for years to come — but where is it now? If yours is simply taking up …

Does your wig qualify as a tax write-off?

Medical expenses take many forms. Some, like prescriptions, crutches, and other means of treatment are obvious medical needs. Other deductions, like wigs, might be hiding in plain sight.

Does my wig qualify as a tax write-off?
You can’t w…