Section 83(b) Election Credits

Making an 83(b) election can save taxpayers significant taxes if they purchase or otherwise acquire shares of “restricted” stock in a company that is appreciating in value.? Over time, the restrictions attached to these shares “lapse” and the...

Back to School Education Tax Credits

Below is information provided by our friends at the IRS: If you, your spouse or a dependent are heading off to college in the fall, some of your costs may save you money at tax time. Here are some tips on claiming an education-related tax credit on your federal tax...

ELECTRIC CAR CREDIT PUTS $7,500 IN YOUR POCKET

We’ve received quite a few questions about the federal income tax credit available to people who purchase electric cars. The maximum tax credit is currently $7,500, and there appear to be 24 manufacturers who produce electric cars at this time. The good news is...

Electric Car? Go green and put some green in your pocket

We’ve received quite a few questions recently about the federal income tax credit available to people who purchase electric cars. The maximum tax credit is currently $7,500, and there appear to be 24 manufacturers who produce electric cars at this time. The good...