Insights

The Setting, Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act), changed the rules for taking distributions from...

The Inflation Reduction Act of 2022 included two provisions allowing rebates for home energy efficiency retrofit projects and home...

The SECURE 2.0 Act, passed in December 2022, made wide-ranging changes to U.S. tax laws related to retirement savings. While some...

In early 2022, the IRS issued proposed regulations regarding required minimum distributions (RMDs) to reflect changes made by the Setting...

Starting in 2023, a personal or general business tax credit of up to $7,500 is available to purchase new clean vehicles meeting specific...

You may donate money to charitable organizations throughout the year for no reason other than your heart-felt desire to support causes...

States vary widely in how they tax retirement income, so where you live is an essential consideration in tax planning for retirement....

The Inflation Reduction Act, signed into law on August 16, 2022, includes health-care and energy-related provisions, a new corporate...

I contacted the Taxpayer Advocate Service since I am receiving many calls from clients asking when they would receive their tax refunds....

Beginning July 1, 2022, the IRS has increased the standard mileage rate for business use to 62.5 cents per mile. That's a 4 cent increase...

The Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 changed the rules for taking distributions from retirement...

According to the Internal Revenue Service (IRS), tax scams tend to increase during tax season and times of crisis.1 Now that tax season...

The Florida Internship Tax Credit is now available to be claimed by taxpayers for taxable years beginning on or after January 1, 2022....

Be sure to keep an eye out for Letter 6475, Your Third Economic Impact Payment from the IRS. This letter will help you determine if you...

With tax time's arrival, those Americans who don't normally have to file an income tax return usually think their circumstances mean they...

For tax years 2018 through 2025, the Tax Cuts and Jobs Act of 2017 (TCJA) limits individual itemized deductions for state and local...

With the holiday season upon us and the end of the year approaching, we pause to give thanks for our blessings and the people in our...

As we approach the end of 2021, now might be a good time to take a closer look at a few developments surrounding required minimum...

On September 13, 2021, the House Ways and Means Committee released draft legislation that proposes a series of tax increases and tax...

Taxpayers required to file returns with an original or extended due date on or after August 31, 2021, and before January 3, 2022, with an...