Category: Taxes for Individuals
While 2020 winds down, there is still time to reduce your tax burden. Here are six ideas that can save money for most of us. 1. Leverage pre-tax savings. Take advantage of opportunities to set aside income on a pre-tax basis. This includes; Participation in your employer’s retirement savings program. Fully funding Health Savings Accounts […]
According to IRS Commissioner Rettig, the agency remains very active in increasing tax compliance in emerging areas such as virtual currency.
Even if time gets away from you, there are still some year-end actions you can take to cut your taxes.
Important tax consequences are often associated with some fairly common events involving your home. Here are some handy things to know.