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Anthony, here is your Newsletter for Monday, February 14, 2022. We hope you enjoy these articles!
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Valentine's Day is the globally recognized day of 'love'! Young and old, people around the world celebrate their love and relationships mostly through the purchase of gifts and spending quality time with loved ones. As we celebrate Valentine’s Day this year, let’s remember one important person to celebrate and love – yourself! Click image or title to learn more.
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Many people think that tax deductions and credits are the same, but they're not. Tax deductions reduce your taxable income, but tax credits reduce your tax bill dollar for dollar. Click image or title, to find out what that means and when it matters.
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Recent guidance from the IRS highlights the tricky nature of advertising costs. Some peripheral expenses are deductible, in fact, while a few seemingly acceptable ones are not. Click image or title, for the details on advertising deductions.
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Americans are generous and enjoy the sense of being a part of a worthy cause achieved by charitable giving. In 2017, charitable giving in the U.S. surpassed $400 billion for the first time, a 5.2% increase over the previous year. Over the past six decades, individual donors continue to be the largest philanthropic group. Click image or title to learn more.
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America’s Taxpayer Advocate Service—an independent watchdog agency within the IRS—has identified the ten most serious problems at the IRS. Click image or title to learn more.
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Do you need a trust, or is a will enough? Many people think that trusts are just for the very wealthy, but even those with modest incomes may find them useful. To learn whether a trust is right for you, Click image or title.
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