Expanded Home Energy Credits Available for 2023 If you boost your home’s energy efficiency, or shift your home to renewable energy sources in 2023, you may qualify for special federal tax credits in 2023. The Inflation Reduction Act of 2022
It’s never too early to start thinking about cutting next year’s tax bill. In this month’s newsletter, read about several ideas to help lower your 2023 tax obligation. And speaking of taxes, summer work often introduces several tax wrinkles that
If it seems like the income tax has been around forever, well, it’s sort of true. The modern Form 1040 was unveiled in 1913, the first year, after paying for the Civil War, that Americans were required pay income taxes
Recent legislation is taking a broad sweep at retirement accounts. While many of the rule changes are implemented over a number of years, some of them are important to know about right away. Summarized in this issue are some of
Now that tax documents have started arriving in your inbox and mailbox, it’s easy to set them off to the side to worry about later. There may be some benefit, however, to filing your tax return as soon as you
It’s tax time! In the next couple of weeks you will be inundated with W-2s and various informational tax forms like 1099s. By paying attention to them, ensuring their accuracy, and that you are getting them all, you will be
