by Christina Minton | Tax Tips
Navigating the U.S. tax code can be challenging, especially when it comes to understanding specific filing statuses. One of the most misunderstood terms is “head of household.” While it may sound straightforward, this filing status comes with...
by Christina Minton | Tax Tips
Tax planning is an essential part of managing your finances effectively, whether you’re an individual taxpayer or a business owner. One powerful strategy involves tax shifting, which is the process of strategically moving income or expenses from one year to...
by Christina Minton | Tax Tips
Navigating the complexities of tax laws can be a challenge for both individuals and business owners. Every year, taxpayers grapple with questions about what income is taxable and what isn’t. While the IRS provides guidelines, certain situations create...
by Christina Minton | Tax Tips
Safeguarding your Personally Identifiable Information (PII) has never been more crucial. This is why the IRS, Federal Trade Commission (FTC), and other federal agencies are placing an increased emphasis on PII protection. In this article we’ll...
by Christina Minton | Tax Tips
Every year, taxpayers face unexpected tax surprises that could have been avoided with a bit of foresight and planning. In this article, we’re going to share 5 of the most common (and biggest) tax mistakes, as well as provide strategies on how to best...
by Christina Minton | Tax Tips
A recent tax court decision emphasized the importance of correctly filing joint tax returns, as a return not signed by both spouses is deemed invalid. While this might seem like a minor detail, the underlying reason for this ruling is significant: it keeps the...
