June 2, 2023
Many retirees have seen their Social Security benefits increase in 2023 due to a cost-of-living adjustment that was higher than in past years. Further increases are expected for 2024. While more benefits are welcome, they could mean more income taxes on… Read more »
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Are Your Social Security Benefits Taxable?, filing jointly, Income Reduction Strategies, Individual Tax, Married, Proceed with Caution, Social Security Benefits, Tax Triggers
June 2, 2023
Tax Help for College Expenses Although many college students are off for the summer, it’s a good time to consider the education tax breaks you may be able to claim on your 2023 tax return. There are many possibilities that… Read more »
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Charity Status and Donating, Federal Tax News for Individuals, Health Savings Accounts for 2024, Individual Tax, Overlooked Deductions and other Tax Errors, Tax Help for College Expenses, Taxability of Disability Income
April 27, 2023
What to Do if You Missed the Tax Day Deadline Did you miss the 2022 tax filing deadline? For most taxpayers, that was April 18, 2023. Taxpayers who are expecting a refund won’t be penalized for late filing. But those… Read more »
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Deducting Casualty Losses, Federal Tax News for Individuals, Individual Tax, IRS Plan for Spending Audit Money, Missed Tax Day Deadline, Social Security Wage Base Rises, When the IRS Wants to Talk to You