Latest Newsletter Addition
Year End Tax Checkup
As the year comes to a close, here are some steps you can take in December to make sure you’re ready for the upcoming tax season:
Organize Your Records:
Many tax deductions and credits require written documentation. …
New Requirements for Energy Efficiency Credits Take Effect in 2025
The IRS offers a variety of tax credits to people who invest in home improvements that significantly reduce energy usage. These nonrefundable credits may total up to $3,200 for a particular year. A maximum credit …
Upcoming Tax Deadlines
December
Day
10
Employees Who Work for Tips – If you received $20 or more in tips during November, report them to your employer. You can use Form 4070.
16
Nonpayroll withholding – If the monthly deposit rule applies, deposit …