Property taxes represent one of the most significant ongoing expenses of homeownership. However, many homeowners aren’t aware of the various strategies and exemptions that could substantially reduce ...

Peggy’s Bookkeeping & Tax Service has published a new article entitled Top 5 Tax Deductions Every Small Business Should Know. The report sheds light on a practical guide outlining strategies small ...

A little-known IRS rule lets retirees donate to charity directly from an IRA while lowering taxable income. Here's how ...

With tax time fast approaching, you’re likely wrangling W2s, rounding up receipts, and digging into all the documents you collected and filed away over the last year. It can be a lot to keep track of, ...

Taxes are inevitable, but most people would probably rather not hand over a portion of their hard-earned money to the government. Fortunately, there are plenty of legal ways to lower the amount you ...

High-income residents of Democratic-leaning states are on track for substantial refunds early next year, aided by a temporary expansion of the state and local tax (SALT) deduction. President Donald ...

For some people, RMDs aren't an issue—in fact, they need to withdraw more than the minimum anyways. But other people might ...

Since my last article was about the IRS, I want to pull the focus a little closer to home and share some inside secrets from the tax preparer’s perspective. To be clear, these are my opinions, not the ...

With tax time fast approaching, you’re likely wrangling W2s, rounding up receipts, and digging into all the documents you collected and filed away over the last year. It can be a lot to keep track of, ...