Blog

If you’ve sold a primary residence in the last year, it’s important to be aware of how that sale impacts your tax return. In many cases, the profits from that sale can be excluded, which means you don’t need to report them as income. However, there are many factors that...

Though cryptocurrencies like bitcoin have been around for several years, it is only recently that large numbers of people have begun to jump into this type of investing. With promises of big returns, investors are diving in quickly, without putting much thought into how this type of investment impacts your...

If you’re a W2 employee and have adequate taxes withheld from your paycheck, then you’ve likely never had to think about making estimated tax payments. But for those with a source of untaxed income, estimated payments are essential if you want to avoid penalties and fees from the IRS. The...

Automobiles are a necessary business expense for countless types of businesses. From farms to retail companies, vehicles are often purchased solely for the purpose of getting the job done. And while we’ve discussed deducting annual vehicle expenses, deducting the actual purchase of a vehicle is another matter altogether. With the...