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Tag Archives: tax deductions

Last-Minute Tips to Cut Your Tax Bill by Jason Morely, CPA/PFS


Posted on March 18, 2022 by Jason Morley

Before filing your 2021 individual tax returns, consider if there is anything else you can do to reduce the taxes you owe Uncle Sam. While your annual tax liability is based primarily on the income you earned and the actions you took before December 31, 2021, you may qualify for a last-minute opportunity to cut […]

How Can I Correct Errors On My Tax Return? by Rick D. Bazzani, CPA


Posted on November 11, 2021 by Rick Bazzani

Considering the rapid pace at which tax laws change and the amount of time and effort taxpayers spend preparing to file their federal income tax returns, it’s no wonder that mistakes can occur. Luckily, the IRS offers a few options for taxpayers to correct errors or make other changes to their originally filed returns. To […]

When Can Business Owners Deduct Travel Expenses? by Angie Adames, CPA


Posted on June 29, 2021 by Angie Adames

There is a very fine line between business and pleasure when it comes to how the IRS treats business-travel expenses, including airfare, meals and lodging. In general, some or all of these costs may be deductible only when they are deemed reasonable, necessary and directly attributed to the taxpayer’s active conduct of a trade or […]