connollysteelemarkJul 3, 20192 minIf your kids are off to day camp, you may be eligible for a tax breakNow that most schools are out for the summer, you might be sending your children to day camp. It’s often a significant expense. The good news: You might be e...
connollysteelemarkJul 3, 20193 minWhich entity is most suitable for your new or existing business?The Tax Cuts and Jobs Act (TCJA) has changed the landscape for business taxpayers. That’s because the law introduced a flat 21% federal income tax rate for C...
connollysteelemarkJul 3, 20192 minIs an HSA right for you?To help defray health care costs, many people now contribute to, or are thinking about setting up, Health Savings Accounts (HSAs). With these accounts, indiv...
connollysteelemarkJul 3, 20191 min2019 Q3 tax calendar: Key deadlines for businesses and other employersHere are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2019. Keep in mind that this list isn’t a...
connollysteelemarkJul 3, 20193 minDonating your vehicle to charity may not be a taxwise decisionYou’ve probably seen or heard ads urging you to donate your car to charity. “Make a difference and receive tax savings,” one organization states. But donatin...
connollysteelemarkJul 3, 20193 minHiring this summer? You may qualify for a valuable tax creditIs your business hiring this summer? If the employees come from certain “targeted groups,” you may be eligible for the Work Opportunity Tax Credit (WOTC). Th...
connollysteelemarkJul 3, 20193 minThinking about moving to another state in retirement? Don’t forget about taxesWhen you retire, you may consider moving to another state — say, for the weather or to be closer to your loved ones. Don’t forget to factor state and local t...