For several years now, we have been hearing about “portability.” Do you know what it means? How does the term affect you? Simply stated, portability of the federal estate tax exemption between married couples means that if the first spouse dies and the value of the estate does not require the use of all of […]
We are in the first half of January and the scamming has already begun with scammers claiming to be from the IRS. This is the prime time of the year when thieves posing as the IRS call people and threaten them by saying that taxes are owed. Please don’t fall for these scams. Stay vigilant. […]
Are you required to make estimated income tax payments? Do you know if you are required to make estimated income tax payments? Are you aware that the final estimated tax payment toward 2022 income taxes is due January 17, 2023? For many taxpayers, they are employed and receive a Form W-2 which reflects their earned […]
Are you thinking about making some improvements to your home in 2023? Those improvements may bring you energy credits from the IRS if they meet certain criteria. Among the list of improvements that can qualify for credits are solar panels, solar water heaters, heat pumps, air conditioners, water heaters, hot water boilers, exterior doors, exterior […]
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