Now that school is back in session for the fall, it is a good time think about possible education credits. It is important to compile receipts for qualified education expenses in order to potentially qualify for education credits. There are two education credits available: the American Opportunity Tax Credit (AOTC) and the Lifetime Learning Credit (LLC). These credits may […]
The IRS is offering some help to victims of Hurricanes Harvey and Irma. Read more about it here: Harvey Irma Reconstructing records after a disaster: to recreate inventories business owners can get copies of invoices from supplies get copies of prior year tax returns: sales tax, payroll returns, business licenses, federal, state and city […]
Yes, you can fill out your FAFSA for the 2018-2019 school year starting October 1st. Yep! In less than a month you could be looking up asset values and tax information from 2016 and possibly pulling your hair out in frustration. Woohoo! Fill it out HERE on the FAFSA website. First thing….and you can do this […]
IF you qualify to have an HSA, then you have until December 31st to open it. Some employers have an HSA as an element of the benefit package but don’t despair if that isn’t the case for you…. YOU TOO MAY BE ABLE TO HAVE AN HSA! Yay! First the bad news (let’s get that […]
