Our 2022 Tax Tips for Clients
Dear Clients,We aim to build a better experience for a life that is #LessTaxing! Below please find a copy of our series of brief emails aimed at helping us both to work together to be more efficient at preparing your return(s). And remember: we are always here...
Ohio Offers A Newer Tax Credit to Citizens Supporting K-12 Educational Scholarships
Ohioans donating money to scholarship-granting organizations (SGOs) are eligible to receive a dollar-for-dollar tax credit up to $750 (or $1,500 for married couples filing jointly) for these donations. SGOs are nonprofits that provide private or parochial school...
IRS Offers Security Warnings & Scam Alerts
The IRS wants taxpayers to know of a scam involving texts & Economic Income Payments: People get a text message saying they have “received a direct deposit of $1,200 from COVID-19 TREAS FUND. Further action is required to accept this payment… Continue here to...
529 Distributions & College Refunds
Important to remember as we try to get our college students back to school: Distributions from 529 plans must be used to pay qualifying expenses incurred during the tax year. If you receive a refund of tuition, fees, or room and board paid from 529 plan funds, put...