EVs: Here Is The Information You Need To Qualify For The Clean Vehicle Credit
Did you purchase an electric vehicle in 2023? Here is the information you need to qualify for the Clean Vehicle credit: The seller of the vehicle must provide the buyer with a report at the time of sale. This report will verify that the vehicle and its battery are...
Qualified Charitable Distributions Excellent Way to Satisfy Your RMD
IRA owners, age 70 ½ or older, are eligible to transfer up to $100,000 tax-free directly to the charity of their choice. Each year, an IRA owner, age 70½ or over when the distribution is made, can exclude from gross income up to $100,000 of these qualified charitable...
Some Very Important Updates For Clients
Happy Holidays! We are quickly approaching our favorite time of the year—Tax Season—and have some very important updates to share with you: There is still time for 2023 year-end tax planning, and planning is more important than ever. The IRS interest rate on...
Giving Tuesday: Here’s One Opportunity for Ohioans to Give (While Also Receiving a Tax Credit)
On this Giving Tuesday, we wanted to remind our Ohio clients of a unique opportunity to make a positive impact in the community while also benefiting from valuable tax incentives. Did you know that contributing to scholarship-granting organizations (SGOs) can earn you...