What is Cryptocurrency?
Cryptocurrency is a “virtual currency” that can be actively traded on multiple platforms. A few of the most common trading platforms, such as Coinbase, Robinhood, and several others, allow for [...]
Do I Need to Pay Taxes on My Gambling Winnings?
Many casual gamblers find themselves asking, “do I need to pay taxes on my gambling winnings?” The often-surprising answer is “yes.”
IRS Child Tax Credit Letter: What You Need to Know
Taxpayers who received advance payments of the Child Tax Credit will receive a Letter 6419. According to the IRS website, Letter 6419 will include important details, such as the total amount of [...]
Build a Budget You Will Actually Use – Practical, Easy & Mission-Focused
With costs rising virtually everywhere, building a budget isn’t just important — it’s essential.
Annual Information Return Reporting: What to Know This Tax Season
As we move into the new year, there are some essential tax facts and details to keep in mind as we navigate through tax season.
Tax Planning & Preparation Tips
As the year comes to a close, it's important to start planning your 2021 taxes sooner rather than later.
Infrastructure Bill Tax Provisions
The Infrastructure Investment and Jobs Act was recently signed into law on November 15th, 2021.
NHDRA Reminds Taxpayers of Meals and Rooms Tax Rate Reduction
New Hampshire Meals and Rooms Tax is decreasing from 9% to 8.5% effective October 1, 2021.
NH vs. MA Supreme Court Tax Case: A Breakdown of Where it Stands
Taxpayers who, during COVID, started working remotely in NH due to COVID-19 for their Massachusetts-based employer are still being subject to Massachusetts state income tax on the wages earned [...]
Traditional IRA Funds: Passing Them On To Your Loved Ones
A traditional IRA fund is a common savings vehicle that investors pass on to loved ones as part of their inheritance. If you plan to leave a traditional IRA fund to your loved ones, it's [...]
