Monthly Archives: July 2015

Parents Can Get Credit for Sending their Kids to Day Camp

With summer underway, there is a tax break that working parents should know about: The cost of day camp can count as an expense towards the child and dependent care credit. But be careful; expenses for overnight camps do not qualify.

Posted in Client Education

Planning Your IRA Withdrawal?

Advance planning can, in many cases, minimize or even avoid taxes on IRA distributions and other qualified plan distributions. This article covers some of the important issues to consider when contemplating retirement and when to begin tapping retirement accounts.

Posted in Client Education

Forgot Something? It’s Not Too Late to Amend Your Return

If you discover that you forgot something on your tax return, you can amend that return after it has been filed. The need to amend can be because of: Receiving an unexpected or amended K-1 from a trust, estate, partnership,

Posted in News

Don’t Panic if You Receive an IRS Notice

If it is not your refund check in the mailbox, that letter from the IRS will probably increase your heart rate a little. Don’t panic; many of these letters can be dealt with simply and painlessly.

Posted in Client Education

Tax Tips for Recently Married Taxpayers

This is the time of year for many couples to tie the knot. If you marry during 2015, here are some post-marriage tips to help you avoid stress at tax time.

Posted in Client Education

Tax Tips for Students with a Summer Job

Many students hold a summer job during their time off from school. This article discusses some tax issues that should be considered when working a summer job.

Posted in Client Education