Featured Posts
Read our expert tax tips, business best practices and more.
Recent Insights
Creating Your Startup Support Team: 10 Essential Professionals to Hire for Your Small Business
Starting a business is an exciting journey, but it comes with a host of challenges that can be daunting to tackle alone. To ensure your small business thrives, it’s crucial to surround yourself with the right team of professionals. Knowing who to hire first for your...
How to Deduct Student Loan Interest: Tips for Students & Parents
Navigating the complexities of student loan interest deductions can be challenging, but understanding the basics can significantly ease the process. This comprehensive guide will walk you through how to deduct student loan interest, explain who qualifies, and offer...
Understanding Rule 72(t): Early Withdrawals from Retirement Accounts Without Penalty
Navigating the complex rules surrounding retirement accounts can be challenging when it comes to accessing funds before the age of 59½ without incurring penalties. Rule 72(t) of the Internal Revenue Code offers a potential solution for those who need to make early...
A Simple Guide to the Most Common IRS Tax Forms for Individuals
Wondering which tax forms to gather ahead of tax season? Wondering which IRS tax forms and schedules are actually relevant to you? We’ve gathered a list of common tax forms needed by individuals to do their basic taxes. Beyond collecting last year’s information,...
Small Business Retirement Plan Options
If you're self-employed or own a small business, you've probably considered establishing a retirement plan. If you've done your homework, you likely know about simplified employee pensions (SEPs) and savings incentive match plans for employees (SIMPLE) IRA plans....
Maximizing the Qualified Business Income Deduction
The Qualified Business Income (QBI) deduction, otherwise known as Section 199A, was introduced under the Tax Cuts and Jobs Act of 2017. This deduction allows owners of pass-through entities to claim a deduction of up 20% of qualified business income.Qualified Business...