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For most who work in the Corridor. The daily commute can be taxing. Up and down the Tollway in bumper to bumper traffic, trying to exceed 20 mph while driving [...]

As the kids head back to school, it’s a good time to think about Coverdell Education Savings Accounts (ESAs). One major advantage of ESAs over another popular education saving tool, [...]

If you rent out your vacation home for 15 days or more, you must report the income. But exactly what expenses you can deduct depends on whether the home is [...]

If you discover an error after you file your tax return, we can help you correct it. 1. When to amend a return. You should file an amended return if [...]

Going to college can be a stressful time for students and parents. The IRS offers tips about education tax benefits that can help offset some college costs and maybe relieve [...]

Do you work from home? If so, you may be familiar with the home office deduction, available for taxpayers who use their home for business. Beginning this year, there is [...]

If you itemize deductions on your tax return, you may be able to deduct certain miscellaneous expenses. You may benefit from this because a tax deduction normally reduces your federal [...]

To qualify for a Home Office Deduction, a home office must be used for business exclusively and at all times, and any use for a nonbusiness purpose disqualifies the space. [...]

Now is the time of year when many Americans are using the frequent flyer miles they’ve built up from work-related travel or credit card rewards programs to take the family [...]

Employers given another year to get into compliance with the health care act’s “play or pay” provision! The Patient Protection and Affordable Care Act of 2010’s shared responsibility provision, commonly [...]

  The Internal Revenue Service has reportedly posted the Social Security numbers of tens of thousands of people on the Internet before taking down the information when a whistleblower pointed [...]

If you plan to start a new business, or you’ve just opened your doors, it is important for you to know your federal tax responsibilities. Here are five basic tips [...]

Retirement Plans- Tax Rules on Early Withdrawals  Did you know....taking money out early from your retirement plan can cost you an extra 10 percent in taxes? An early withdrawal normally [...]

Kids going to Day Camp? You may be eligible for a Tax Credit!   Day camp is a qualified expense under the child or dependent care credit, which is worth [...]

Treasury postpones employer health care penalty, information reporting for one year By Alistair M. Nevius, J.D. July 2, 2013 Large employers that fail to provide minimum health coverage for employees [...]