Military Tax Tips

This video was published by the IRS. Did you know some special tax benefits apply to members of the Armed Forces? You may be eligible for a combat zone exclusion, which means some or all of your combat pay could be tax-free. The exclusion also applies if you are hospitalized due to a combat zone injury. [...]

4 Tips to Stay On Budget for Black Friday

Black Friday is an annual tradition for many shoppers, where deals can be had and dollars can be spent - often in excess. It can be an exhilarating day, but it's also a day where caution should be used to avoid going into unnecessary debt. Here are a few tips to help you stay on budget [...]

Changes to Health Care Spending Available Under CARES Act

This article was published by the IRS.  New rules under the CARES Act provide flexibility for health care spending that may be helpful in the current environment where more people may need at-home services due to measures to fight the coronavirus. Telehealth and High Deductible Health Plans Under the CARES Act, a high deductible health plan [...]

Tax Deductions Families Can Claim for Dependents 2020, 2021

Raising a family comes with a multitude of costs, costs which require an adequate and stable income. As your income goes up, so too do your taxes. But taking advantage of some tax deductions can help. Here are a few scenarios to consider: Child Tax Credit - If you are a parent or legal guardian of [...]

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