by Jonathan Bill | Nov 11, 2021 | General Info, Personal, Retirement
Retirement may be closer than you think — especially if you’re saving money now just for that purpose. An Individual Retirement Arrangement (IRA) can be a smart way to save because it provides tax incentives to help you on your path. And IRAs are easy to set up with a...
by Jonathan Bill | Oct 28, 2021 | General Info, Personal
Life moves quickly — events like marriage, divorce, a new child or a home purchase are all good reasons to check your tax withholding before the end of the year and make any necessary adjustments. The IRS’s Tax Withholding Estimator can help you determine if you are...
by Jonathan Bill | Oct 14, 2021 | Personal, Small Business
While you may be working from home due to the pandemic, you do not automatically qualify for a home office deduction. For example, if you work as an employee for a company (that’s not yours), you generally cannot claim the home office deduction. What You Need to Know...
by Jonathan Bill | Sep 30, 2021 | General Info, Personal
T he Taxpayer Certainty and Disaster Tax Relief Act of 2020, enacted last December, provides several deductions for individuals and businesses who give to charity. The law generally extends — through the end of 2021 — temporary tax changes originally enacted by the...
by Jonathan Bill | Sep 16, 2021 | Biz Taxes, Small Business
As a small business owner, it’s important to classify your workers properly. Federal and state withholding, Social Security and Medicare, and unemployment taxes are all dependent on this classification. Independent Contractor Vs. Employee Whether a worker is an...
