Latest From the Blog
Effective Business Tax Strategies for Small Businesses
Here is a great article for small businesses that we had CHAT GPT create.
Maximizing Your Deductions
When it comes to tax season, maximizing your deductions is key to minimizing your overall tax liability. Here are some tips to help you make the most of your deductions and potentially increase your tax refund:
Does Being Married Cost You More Than Being Single?
Do you pay more or less income tax being married? Or, being single? Hmmm…well, it depends. There are no easy answers in the tax world. To make a long story, short – the so-called marriage penalties or marriage bonuses “generally occur when certain tax brackets and/or tax deductions for married couples aren’t twice the same amount for single taxpayers.” These marriage penalties or bonuses occur in numerous sections of the Internal Revenue Code (IRC).