by justin@creatovision.com | Jun 28, 2023 | Uncategorized
The IRS recently released its audit statistics for the 2022 fiscal year and fewer taxpayers had their returns examined as compared with prior years. But even though a small percentage of returns are being chosen for audits these days, that will be little consolation...
by justin@creatovision.com | Jun 21, 2023 | Uncategorized
When one spouse in a married couple is not earning compensation, the couple may not be able to save as much as they need for a comfortable retirement. In general, an IRA contribution is allowed only if a taxpayer earns compensation. However, there’s an exception...
by justin@creatovision.com | Jun 16, 2023 | Uncategorized
Many people move during the summer. If you are selling your home you may qualify to exclude all or part of any gain from the sale from your income when filing your tax return. When selling a home, homeowners should think about: Ownership and use To claim the...
by justin@creatovision.com | Jun 15, 2023 | Uncategorized
To maximize their tax savings, construction business owners need to plan year-round. Strategic tax planning is about not only knowing which credits and deductions your company can claim, but also minding other important details. Here are some questions to ask yourself...
by justin@creatovision.com | Jun 14, 2023 | Uncategorized
If you’re age 65 and older and have basic Medicare insurance, you may need to pay additional premiums to get the level of coverage you want. The premiums can be costly, especially for married couples with both spouses paying them. But there may be an advantage: You...
