Children & Income Tax: 3 Tips
As we pack up our students and send them off to school, here are three tips around kids, college students and college tuition that could impact your taxes. Children who are under 24 and are full-time students may be subject to Kiddie Tax on their investment income....
Electric Vehicle Tax Credit Changes Effective Immediately
The Inflation Reduction Act introduces a number of significant changes to the tax credit for new electric vehicles. These changes will phase in over time. Effective immediately (after August 16, 2022), the tax credit is only available for qualifying electric vehicles...
Would You Recognize the Signs of Data Theft?
In today’s day and age, protecting your identity and personally identifiable information is critical. How familiar are you with the signs of data theft? It is important to recognize these signs to that you can react quickly to minimize damage. Receiving any of the...
Have You Considered Utilizing Your HSA as a Savings Tool?
Individuals covered by a qualifying high-deductible health insurance are eligible for a Health Savings Account. The Health Savings Account (HSA) can be a good tool for saving for your future healthcare needs. The money you contribute to your HSA comes from pre-tax...