Blog
Gain insight and learn tips and tricks from Mary Capule, CPA
Eligible IRA Tax Deductions
If you didn’t get around to contributing to an IRA in 2023 and you’re looking for ways to lower your tax bill, you may still have an option.
Three Things to Know After Filing Your Tax Return
After you've filed your tax return, whether you have opted for an extension or not, here are three important things to keep in mind.
Budgeting For Baby
Babies bring joy and excitement. They also bring substantial adjustments to the family budget!
Benefits of the Work Opportunity Tax Credit (WOTC)
If you’re a business owner who needs to hire, be aware that a law enacted at the end of 2020 extended through 2025 requires a tax credit for employers that hire individuals from one or more targeted groups.
Be Prepared For Taxes On Social Security Benefits
Whether you’ve filed your 2023 tax return or soon will, one thing you don’t want to experience is a surprise. Many older people are caught off guard when they find that some of their Social Security benefits are taxable.
Hiring Your Minor Children for Summer Jobs
If you’re a business owner and you hire your children this summer, you can obtain tax breaks and other nontax benefits. The kids can gain on-the-job experience, save for college and learn how to manage money.
Are Scholarships Taxable?
If your child has been awarded a scholarship, that’s cause for celebration, but be aware that scholarships may bring tax consequences.