757-546-2870 alex@cmintoncpa.com
Make Your Child’s Summer Break a Tax Break

Make Your Child’s Summer Break a Tax Break

As a busy working parent, you may be concerned about what activities are available for your kids this summer. There may be a solution that’s also a tax break: summer camp! Using the Child and Dependent Care Credit, you can be reimbursed for part of the cost of...
Taxes and Uncollectible Debt

Taxes and Uncollectible Debt

Tax ramifications can be good or BAD! There are few things as frustrating as not being paid what is owed to you. If it becomes clear the debt is not going to be paid, you might be able to recoup some of the lost money via a tax deduction. The IRS has two...
Hidden Back to School Tax Deductions

Hidden Back to School Tax Deductions

Summer is coming to a close and the back-to-school advertising blitz is underway. Hidden in some of those school expenses are tax deductions you can take advantage of. Here are some ways you can save: Watch for tax deductions on the supply list. Schools often send a...
Homeowner Alert! Review Your Tax Forms

Homeowner Alert! Review Your Tax Forms

New tax rules are creating confusion Home-related tax rules changing over the past few years have caught some taxpayers by surprise. When your mortgage company reports tax-related information to you and the IRS using Form 1098, it no longer means all the interest and...