Month: May 2019

The primary tools the tax code uses to encourage taxpayers to take the actions that Congress wishes are tax deductions and tax credits. So what’s the difference? And which one is better? In this article we talk about the differences between the two and how they can work together to sometimes lower our taxes, and sometimes not.

Death and taxes are two of the great certainties of life, and if you need help filing taxes for a deceased friend, relative, or colleague, we’ll help you understand what you need to do. This is likely to be an emotionally fraught and difficult time, so let’s keep things simple and straightforward.

Creating a new business brings many opportunities and challenges to an entrepreneur. You can turn your ideas into products and services that you can sell at a profit. At the same time, you need to deal with the inevitability of taxes — knowing what you need to report on, file, and pay.