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The countdown to filing your taxes has officially begun. Are you ready?

The IRS has drafted new K-2, K-3 instructions - here is what you need to know.

Understanding your debits and credits is crucial to ensuring that your balance sheet, income statement, and other financial documents are accurate.

The Inflation Reduction Act was signed into law by President Biden on August 16, 2022. This act is a huge, $750 billion bill that includes provisions to deal with climate change, health care and [...]

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 [...]

Many casual gamblers find themselves asking, “do I need to pay taxes on my gambling winnings?” The often-surprising answer is “yes.”

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 [...]

With costs rising virtually everywhere, building a budget isn’t just important — it’s essential.

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.

As the year comes to a close, it's important to start planning your 2021 taxes sooner rather than later.