Feb 21, 2023 | Personal Financial Planning, Tax News
Deductible levies for itemizers include their payments for income taxes, sales taxes, real estate taxes and personal property taxes. But those write-offs come with strings attached as to which ones qualify, when they’re deductible and how much is allowable. You should...
Feb 16, 2023 | Personal Financial Planning, Tax News
The IRS has recently announced that “in the interest of sound tax administration and other factors,” taxpayers in many states will not need to report various payments on their 2022 tax returns. In short, the IRS has determined it will not challenge the...
Feb 14, 2023 | Personal Financial Planning, Tax News
With tax time coming, you will need to ask yourself: Do I itemize my deductions or do I accept the standard deduction? In brief, the standard deduction lets you lower your income by a flat rate. It makes the math easy and you don’t have to work your way through...
Feb 2, 2023 | Personal Financial Planning
For a long time, residential solar power was cost prohibitive for most people, but that’s changed in recent years. Now, installation is far more accessible, and the energy cost savings are well worth it for many homeowners. What do you need to know about solar...
