Introduction Contributing to a retirement account not only secures your future but also provides tax deductions that lower your Adjusted Gross Income (AGI). Under IRC § 219, contributions to...
Introduction If you are self-employed, an independent contractor, or earn non-W-2 income, you may be required to make estimated tax payments throughout the year. Under IRC § 6654, the...
Introduction Many taxpayers miss out on valuable tax deductions that can significantly lower their taxable income and increase their refund. Under various sections of the Internal Revenue Code (IRC),...
The end of the year is creeping up fast, and while you’re busy planning holiday gatherings and gift lists, don’t forget about something equally important—your taxes! Year-end compliance is...
What if you could grow your retirement savings tax-free and never worry about paying taxes when you need the money most? Meet the Roth IRA, the retirement account that’s...