Category: Finance

You usually prepare your own tax returns every year using tax software like TurboTax.  Your tax situation used to be simple, a W2 and not much else.  This year may be different.   Maybe your return has gotten too complicated to handle on your own, changes in your situation may also apply to new tax […]

Beginning January 1, 2024, almost all small businesses in the United States are required to report all owners of the business to the Financial Crimes Enforcement Network (FinCEN). This new requirement is part of a law enacted by Congress in 2021 called the Corporate Transparency Act.  It affects LLCs, S corps, partnerships, and small corporations.  The […]

The new Inflation Reduction Act that passed in congress this year has a surprising amount of tax implications for both individuals and small businesses.  Many of the provisions are extensions of the tax laws that were already in effect but were expiring, such as the Affordable Care Act health insurance premium credits, which were extended […]

Credit reports are a history of how a person manages their credit. They are used by creditors considering loaning you money to evaluate the likelihood you will pay them back. There are three main credit bureaus: Equifax, Trans Union, and Experian. The information in your credit report includes your name, current and previous addresses, current […]