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site design by digitalstoryteller.io
Can’t pay your income taxes on time?
/in News, Tax Tips - Individual/by Betty KimWhat happens if you (or someone you know) can’t pay taxes on time?
Tax Tips – Good records are the key to tax deductions and trouble-free IRS audits
/in News, Tax Tips - Individual/by Betty KimMany of you owning small business, start- up companies or plan to start up a company during this crazy time, you may be wondering how important record keeping is to your business.
IRA account value down? It might be a good time for a Roth conversion
/in Tax Tips - Individual/by Amanda RogersMany people are wondering what they can do to cope with the current financial situation that is occurring due to the coronavirus (COVID – 19) pandemic. One area that you may want to take a look at are your retirement accounts.
The tax code provides a credit to purchasers of qualifying plug-in electric drive motor vehicles including passenger vehicles and light trucks. The credit is equal to $2,500 plus an additional amount, based on battery capacity, that can’t exceed $5,000.