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If you’re married, should you file jointly or separately?

If you’re married, should you file jointly or separately?

by angieduran | Feb 10, 2026 | Uncategorized

Married couples have a choice when filing their 2025 federal income tax returns. They can file jointly or separately. What you choose will affect your standard deduction, eligibility for certain tax breaks, tax bracket and, ultimately, your tax liability. Which filing...
Before claiming a charitable deduction for 2025, make sure you can substantiate it

Before claiming a charitable deduction for 2025, make sure you can substantiate it

by angieduran | Feb 5, 2026 | Uncategorized

If you itemize deductions on your 2025 individual income tax return, you potentially can deduct donations to qualified charities you made last year. But your gifts must be substantiated in accordance with IRS requirements. Exactly what’s required depends on various...
5 questions contractors should ask about their accounting systems

5 questions contractors should ask about their accounting systems

by angieduran | Jan 20, 2026 | Uncategorized

As construction companies grow, their accounting systems need to evolve right along with them. What worked in the early years may no longer provide the visibility or functionality necessary for your current work. Asking the right questions can help determine whether...
When medical expenses are — and aren’t — tax deductible

When medical expenses are — and aren’t — tax deductible

by angieduran | Jan 13, 2026 | Uncategorized

If you had significant medical expenses last year, you may be wondering what you can deduct on your 2025 income tax return. Income-based thresholds and other rules can make it hard to claim the medical expense deduction. At the same time, more types of expenses may be...
IRS guidance addresses expanded HSA eligibility

IRS guidance addresses expanded HSA eligibility

by angieduran | Jan 9, 2026 | Uncategorized

Sponsoring a high-deductible health plan (HDHP) along with Health Savings Accounts (HSAs) has become a widely used employee benefits approach. When the One Big Beautiful Bill Act (OBBBA) was enacted last year, it expanded HSA eligibility for many potential...
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Recent Posts

  • If you’re married, should you file jointly or separately?
  • Before claiming a charitable deduction for 2025, make sure you can substantiate it
  • 5 questions contractors should ask about their accounting systems
  • When medical expenses are — and aren’t — tax deductible
  • IRS guidance addresses expanded HSA eligibility

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