by Anandi Seetharaman | Aug 17, 2026 | Family, Individual Tax, Tax Planning
With childcare costs continuing to rise, many working families are looking for ways to reduce their tax bill. One valuable opportunity is the Child and Dependent Care Credit, which can help offset the cost of caring for a qualifying child or dependent while you work...
by Anandi Seetharaman | Jun 16, 2026 | Small Business
Small business owners pay themselves via several methods, and those who own an S-corp have access to more personal income options. However, how you pay yourself as an S-Corp owner can make a big difference in your taxes at the end of the year. Why do some S-corp...
by Anandi Seetharaman | Aug 8, 2025 | Family, Individual Tax, Tax Planning
Whether it’s your primary residence or second home, selling a house can lead to major tax liabilities. The sale of your home may be taxable, depending on whether you realize a capital gain (profit) from the sale and whether you meet certain conditions for excluding...
by Anandi Seetharaman | Jul 22, 2025 | Accounting, Small Business
It’s one of our most frequent questions among our clients: is a business vehicle tax deductible and how does tracking expenses work? Using a vehicle for business purposes can unlock various tax benefits for business owners and self-employed individuals if they...
by Anandi Seetharaman | Feb 4, 2025 | Individual Tax, Tax Planning
The tax year 2024 adjustments apply to income tax returns filed in 2025. Revenue Procedure 2023-34 provides detailed information about these annual adjustments. The main highlights and most important changes changes are listed below. The Standard Deduction The...
