Blog

27 May 24

Upcoming Trends in US Consulting and Advisory Solutions:

Businesses in every industry are navigating complex market environments that are evolving faster than ever as we approach 2024. This presents significant opportunities for experts and consulting organizations to expand. Future planning about consulting plays a pivotal role in the growth of any business different technologies, ideas, and expertise will…
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07 Mar 21

Senate Passes $3,000 Child Tax Credit for 2021

An expanded child tax credit for 2021 is about to become law. After some procedural wrangling, the Senate narrowly approved President Biden’s stimulus package to help tackle the coronavirus pandemic and stimulate the economy. Because the Senate made some changes to the House-crafted bill, titled the American Rescue Plan Act…
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14 Nov 20

GAMBLING AND TAX GOTCHAS

Article Highlights: Winnings Losses Social Security Income Health Care Insurance Premium Subsidies Medicare B & D Premiums Online Gambling Accounts Gambling is a recreational activity for many taxpayers, and as one might expect, the government takes a cut if you win and won’t allow you to claim a loss in…
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13 Nov 20

IS A LIVING TRUST APPROPRIATE FOR YOU?

Article Highlights: What Is a Living Trust? Is a Living Trust Appropriate? Establishing a Living Trust Pros of a Revocable Trust Cons of a Revocable Trust You have probably heard others discussing living trusts but may not understand the reasons for them or whether you should have one. Living trusts…
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13 Nov 20

SOLAR TAX CREDIT IS SUNSETTING SOON

Article Highlights: Solar Credit Phasing Out Qualifying Property When is the Credit Available? Who Gets the Credit Multiple Installations Battery Installation Costs Basis Adjustment Association or Cooperative Costs Mixed-Use Property Newly Constructed Homes Utility Subsidy Solar Installations are Not for Everyone A federal tax credit for the purchase and installation…
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