2017 Accounting Firm Growth Trends & Predictions

With a new year ahead of us, now is a great opportunity to re-evaluate your policies, taking into consideration the trends and changes we anticipate in the profession. This article will identify key areas accounting firms should focus on in 2017.

Home Energy Tax Credits Save You Money at Tax Time

Certain energy-efficient home improvements can cut your energy bills and save you money at tax time. Here are some key facts that you should know about home energy tax credits: Non-Business Energy Property Credit Part of this credit is worth … Continued

Back-to-School Education Tax Credits

If you, your spouse or a dependent are heading off to college in the fall, some of your costs may save you money at tax time. You may be able to claim a tax credit on your federal tax return. … Continued

Students, Parents, Schools: Be Aware of Back-to-School Scams

The Internal Revenue Service warns taxpayers against telephone scammers targeting students and parents during the back-to-school season and demanding payments for non-existent taxes, such as the “Federal Student Tax.” Be on the lookout for IRS impersonators calling students and demanding … Continued

Vacation Home Rental Tips

If you rent a home to others, you usually must report the rental income on your tax return. However, you may not have to report the rent you get if the rental period is short and you also use the … Continued

5 Tips for Children With Investment Income

Special tax rules may apply to some children who receive investment income. The rules may affect the amount of tax and how to report the income. Here are five important points to keep in mind if your child has investment … Continued

2016 Tax Scams: Watch Out for Fake Charities

The Internal Revenue Service warns taxpayers about groups masquerading as charitable organizations to attract donations from unsuspecting contributors, one of the “Dirty Dozen” for the 2016 filing season. “Fake charities set up by scam artists to steal your money or … Continued