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Individual taxpayers may be able to claim medical expense deductions on their tax returns. However, the rules can be challenging, and qualifying can be difficult.

The pandemic changed the landscape of work for a lot of people, including the numerous business owners who began running their businesses from their homes.

The IRS has released guidance that includes the 2024 inflation-adjusted amounts for Health Savings Accounts (HSAs). HSAs allow taxpayers to save money for health care expenses in a tax-advantaged way.

When a married couple files a joint tax return, each spouse is “jointly and severally” liable for the full amount of tax on the couple’s combined income.

If you’re a partner in a business, you may have encountered a situation that gave you pause. In any given year, you may have been taxed on more partnership income than was distributed to you.

To gift or not to gift? It’s a deceptively complex question. The temporary doubling of the gift and estate tax exemption (to an inflation-adjusted $12.92 million in 2023) is viewed by many as a “use it or lose it” proposition.

If your child has been awarded a scholarship, that’s cause for celebration. For some students, a scholarship means the difference between going to the college

Family businesses make up a huge percentage of companies in the United States and produce much of the country’s gross domestic product. Often defined as

Sadly, many businesses have been forced to shut down recently due to economic challenges. If this is your situation, we can help you meet the

The volatility in the stock market may have caused the value of your retirement account to decrease. But if you have a traditional IRA invested