Sending Your Kids to Day Camp May Provide a Tax Break

May 22, 2018 Blog

When school lets out, kids participate in a wide variety of summer activities. If one of the activities your child is involved with is day camp, you might be eligible for a tax credit!  Dollar-for-dollar savings Day camp (but not overnight camp) is a qualified expense under the child and dependent care credit, which is worth 20% of qualifying expenses (more if your adjusted gross income is less than $43,000), subject to a cap. Read More

Be Aware of the Tax Consequences Before Selling Your Home

May 15, 2018 Blog

In many parts of the country, summer is peak season for selling a home. If you’re planning to put your home on the market soon, you’re probably thinking about things like how quickly it will sell and how much you’ll get for it. Read More

How to Turn CPA into CP-Yay!

May 10, 2018 Blog

y Jack McCracken, CPA, Nisivoccia LLP I passed all four parts of the CPA exam on the first try with room to spare. I attribute this to smart study habits, hard work and a little bit of luck. Read More

Do You Need to Adjust Your Withholding?

May 8, 2018 Blog

If you received a large refund after filing your 2017 income tax return, you’re probably enjoying the influx of cash. But a large refund isn’t all positive. Read More

Get Started on 2018 Tax Planning Now!

May 1, 2018 Blog

With the April 17 individual income tax filing deadline behind you (or with your 2017 tax return on the back burner if you filed for an extension), you may be hoping to not think about taxes for the next several months. But for maximum tax savings, now is the time to start tax planning for 2018. Read More