Our Blog
Tax-Free Tips are Here
You need tip tracking NOW! The One Big Beautiful Bill Act (OBBBA) makes tip income tax-free. But as with any new tax law, the fine print matters, and some of these details still need clarification. Here is what you should know. The basic facts From January 1, 2025...
The One Big Beautiful Bill Act
What you need to know With the passage of the One Big Beautiful Bill Act or OBBBA, many of the temporary tax laws set to expire at the end of 2025 have been made permanent. This week's tip summarizes the changes to several of the more popular deductions and credits,...
Understanding Tax Terms: Installment Sales
If you use an installment sale to help sell property, you can benefit from tax deferral and possibly lower your overall tax bill. But you need to watch out for certain tax traps if you do. Installment sale defined Generally, you create an installment sale when you...
Summer Tax Tips for Everyone
Summer is usually the time for relaxing, but it can also be a time for tax savings, especially if you’re still reeling from an unexpectedly large tax bill in April. Here are four timely tips: Rent your home. If you rent out your main home or a vacation home part of...
Ideas to Protect your Social Security Number
SSN theft is still a major problem! With the dramatic increase in identity theft, now is a great time to remind yourself of the basics to reduce the risk of having your Social Security number (SSN) stolen. Here are some ideas. Do not carry your Social Security card...
Paying a Tax Bill With a Credit Card
Understand the options and costs Your tax bill has come and gone with you still owing money because you're a little strapped for cash. Or maybe you're considering alternative payment options for your upcoming quarterly estimated tax payment. There's also noise out of...
Have Questions About the New Tax Laws?
Tina Minton is available to share with your business team or service organization. Her 30-minute presentation is ideal for sales meeting, lunch and learn, or other events. Please contact Brea at 757-546-2870 to schedule.
Phone
Opening Hours
Mon-Fri: 8:30am – 5:00pm
Summer Only: 8:30 am – 1:30 pm