Tag: Individual Tax

It’s common knowledge that you can make pre-tax contributions up to the annual elective deferral limit to a traditional, tax deferred account or after-tax contributions to a Roth account if

Taxpayers are continuously targeted through email, text message, phone calls, and regular mail by tax scammers. To trick victims into sharing sensitive information or sending money, tax scammers often attempt

Qualifying for a deduction when donating artwork to a charity depends on several factors such as how the piece will be used and the type of organization receiving the piece.

State taxes can have a significant financial impact if you’re relocating for work, retirement, family, or lifestyle reasons. Establishing residency for tax purposes can be more complicated than expected and

For many taxpayers, discovery that tax payments throughout the year don’t align with actual liability usually happens at filing time, meaning too much or too little was withheld from their

Many investors have been left with portfolios that are out of balance with their desired asset allocation due to large stock market gains in recent years accompanied by some significant

Although April 15 is now behind us, there are still other important tax deadlines to be aware of for the remainder of the year. Pay attention to when key tax

What’s your next steps after filing your 2025 tax return? To help stay organized and avoid issues now, it’s good practice to take a little time to address some tax

You can request an automatic extension if you don’t have everything to complete your 2025 federal individual income tax return by the April 15 deadline. Filing Form 4868, “Application for

One important factor to know whether you’re filing your 2025 individual income tax return or planning for 2026, is whether you can deduct vehicle-related expenses. Last year’s One Big Beautiful