If you’re a small business owner with fewer than 25 full-time equivalent employees, you may be eligible for the small business health care credit.
Starting January 1, 2019, the standard mileage rates for the use of a car, van, pickup or panel truck are as follows: Continue reading
If you’ve lost your job you may have questions surrounding unemployment compensation, severance, and other issues that could affect your tax situation. Here are some answers: Continue reading
While similar to FSAs (Flexible Savings Plans) in that both allow pre-tax contributions, Health Savings Accounts or HSAs offer taxpayers several additional tax benefits such as contributions that roll over from year to year (i.e., no “use it or lose it”), tax-free interest on earnings, and when used for qualified medical expenses, tax-free distributions. Continue reading