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Ouch! Watch Out for the “Kiddie Tax”

I have always taken a proactive approach when it came to planning for my financial future. After recently passing the one-year mark of parenthood, and seeing my financial plan evolve,

First Time Penalty Abatement

Receiving correspondence from the IRS will unnerve anyone, especially correspondence that has assessments for penalty charges included! The IRS realizes, however, that everyone is entitled to make a mistake and

Deducting a Vehicle Through Your Business

If you own a small business, you may be able to deduct expenses related to your vehicle. Business use of vehicles can lower your taxable income and save some extra

Mark Your Calendars — Massachusetts Sales Tax Holiday

Just a reminder that the Massachusetts Sales Tax Holiday will occur the weekend of August 17th and 18th, 2019. The holiday allows customers a temporary relief from paying the Massachusetts