Tax season is here again, but before you file, make sure you’re up to date on important tax changes. One of the biggest changes this year is that many of the credits or tax breaks that were in place due to the pandemic have gone away, or gotten smaller. That means you might need to […]
Last Minute Tax Tips for 2022
The tax deadline is just a few weeks away on Monday, April 18. If you haven’t filed yet, there are some changes and deadlines you should be aware of that could affect your taxes. Here are some factors to keep in mind when you’re ready to file: Traditional IRA Contribution Deadline: Tax Tips for 2022 […]
What the Massachusetts Work from Home Tax Means for NH Residents
New Hampshire residents who worked remotely for Massachusetts companies during the COVID-19 pandemic may have to pay Massachusetts income tax, according to a state regulation. New Hampshire considered this regulation, which applies to about 80,000 NH residents, unconstitutional. The state brought it to the Supreme Court, who rejected the complaint without hearing it. So what […]
Impacts of the Biden Tax Updates
Since taking office, President Biden has unveiled his new tax plan, which helps to fund the Build Back Better Program. There are three plans in this agenda: the American Rescue Plan, the American Jobs Plan and the American Families Plan. Each of these plans will have different impacts on taxes. As the tax changes roll […]
2020 Tax Roundup and Updates
As you file your 2020 taxes, you might run across some differences from last year’s taxes. Whether these are from personal changes in your life or changes to tax rules and deadlines, it’s important to be aware of them before you file. Here are some of the major 2020 tax differences you might notice: 2020 […]
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