Great Ways to Avoid Vacation Spending Traps You probably know how easy it is to spend a lot of money while on vacation. The best way to avoid overspending is to know the problem areas and be prepared before you go. Here are five typical vacation spending traps (and tips to avoid them): Paying full […]
Turning Your Hobby Into a Business You’ve loved dogs all your life so you decide to start a dog breeding and training business. Turning your hobby into a business can provide tax benefits if you do it right. But it can create a big tax headache if you do it wrong. One of the main […]
In The News – August 15, 2022 Inflation Reduction Act heads to President Biden’s desk for signature The U.S. Senate and House of Representatives passed the Inflation Reduction Act, sending the legislation to President Biden for his signature. Tax provisions in the bill include several new credits aimed at electric vehicles and clean energy. On […]
Anyone pursuing higher education, including specialized job training and grad school, knows it can be pricey. Eligible taxpayers who paid higher education costs for themselves, their spouse or dependents in 2021 may be able to take advantage of two education tax credits. The American opportunity tax credit and the lifetime learning credit can help offset […]
When starting a business, most entrepreneurs excel at the specific technical skill set they need in order to deliver their services and products to clients. For example, if you own a bike shop, you are pretty great at all things related to bikes. If you own a law firm, you are probably good at practicing […]
