Families with college students may save tax on their 2017 returns with one of these breaks

February 14, 2018 | Will Clegg

Whether you had a child in college (or graduate school) last year or were a student yourself, you may be eligible for so... Read More

TCJA temporarily lowers medical expense deduction threshold

February 8, 2018 | James Purgason

With rising health care costs, claiming whatever tax breaks related to health care that you can is more important than e... Read More

2 tax credits just for small businesses may reduce your 2017 and 2018 tax bills

January 31, 2018 | Branden Wilson

Tax credits reduce tax liability dollar-for-dollar, potentially making them more valuable than deductions, which reduce ... Read More

Can you deduct home office expenses?

January 26, 2018 | Chad Goodman

Working from home has become commonplace. But just because you have a home office space doesn’t mean you can deduct ex... Read More

Personal exemptions and standard deductions and tax credits, oh my!

January 17, 2018 | George Wilmoth

Under the Tax Cuts and Jobs Act (TCJA), individual income tax rates generally go down for 2018 through 2025. But that do... Read More

Don’t be a victim of tax identity theft: File your 2017 return early

January 12, 2018 | Will Clegg

The IRS has just announced that it will begin accepting 2017 income tax returns on January 29. You may be more concerned... Read More

The TCJA temporarily expands bonus depreciation

January 4, 2018 | James Purgason

The Tax Cuts and Jobs Act (TCJA) enhances some tax breaks for businesses while reducing or eliminating others. One break... Read More

401(k) retirement plan contribution limit increases for 2018; most other limits are stagnant

December 20, 2017 | Branden Wilson

Retirement plan contribution limits are indexed for inflation, but with inflation remaining low, most of the limits rema... Read More

What you need to know about year-end charitable giving in 2017

December 12, 2017 | Chad Goodman

Charitable giving can be a powerful tax-saving strategy: Donations to qualified charities are generally fully deductible... Read More

Even if your income is high, your family may be able to benefit from the 0% long-term capital gains rate

December 6, 2017 | Will Clegg

We’re entering the giving season, and if making financial gifts to your loved ones is part of your plans — or if you... Read More