Whether you’re starting a new business or trying to get your personal finances in order, you may be wondering what the benefits of retain...

If you want to evaluate your business, there are three core financial statements you can use. A Profit and Loss Statement will outline...

Tax identity theft is easier now more than ever with the ability to electronically file tax returns. However, there are steps you can take..

If you are an individual, whether you are married or single, you will need to file an annual 1040 tax return by April 15th. Taxpayers...

If you have foreign bank accounts in other countries as a US citizen, you may be wondering what this means when it comes to filing your t...

Filing an extension for your tax return is simple, and almost everyone is eligible. But is it worth it? We cover the pros and cons of a...

The SECURE Act made many changes to retirement accounts, including IRAs and 401Ks. One major area of change is with Roth accounts...

Have you ever wondered what your tax return goes through after you file your taxes? Maybe you picture this efficient system where...

Health Savings Accounts help taxpayers minimize their taxes and save for medical expenses. It’s an interest-bearing account that allows...

It’s that time of year when everyone is giving gifts, and sometimes that means cash. However, gifts can also be cars, jewelry or investments

We’re almost in the season of giving, so we wanted to focus on charitable distributions. Keep reading for what you must know. If you have...

You contribute to your retirement accounts to withdraw funds in retirement, right? But there are many rules you must understand before you t

Tax time isn’t something most taxpayers look forward to, but when you can take tax deductions, it can be much easier to handle. For...

You have to pay taxes – it’s the law, but that doesn’t mean there aren’t ways to minimize your liability and maximize your refund....

Retirement planning should start as early as possible in your career. The more you save in your younger years, the more time your money...

On April 5th of 2022, the Pasco County Board of County Commissioners approved to raise the tourist development tax rate for Pasco County...

The IRS has strict filing deadlines, and your payment must be in on time in order to be compliant. But the IRS has 3 years to come back...

If you’re self-employed, you can take a tax deduction for miles driven either as a standard deduction or based on your actual costs.

The child tax credit changed for tax year 2021 and quite frankly, it can get confusing.

If you work for a company that pays you ‘under the table’ in cash, you may wonder if you have to pay taxes, and if so, how? First things...