Why Tax Planning Is Essential for Every Business Owner

If you own a business, financial planning is likely something you do every year. You know that it is essential to guiding your financial decisions for your company, and you would likely never consider skipping it. And yet, many business owners skip what should be a central part of their...

How Bunching Charitable Contributions Can Save You Money on Your Taxes

This year will be the first year that the majority of the Tax Cuts and Jobs Act applies to your tax return, and it’s bringing a lot of changes. One of those major changes is causing taxpayers to reevaluate when they make their charitable contributions so that they can maximize...

Here’s How You Can Settle Your Federal Tax Debt

Financial debt is a heavy burden to carry, and that burden only grows heavier when the debt is a federal tax debt. The IRS does not take debts lightly, and they can be fairly aggressive in their efforts to collect on what they are owed. But, despite how it may...

How Much of Your Medical Expenses Are Tax Deductible?

Medical expenses can have a significant impact on your finances, especially if you have unforeseen illnesses or injuries arise in your family that are not covered by insurance. If you’ve found yourself with high medical expenses this year, you might be wondering if those expenses are tax deductible. And if...