Big Tax Credits for Electric Cars

Considering the purchase of a new fuel-efficient car in 2017? If you are, the IRS still offers tax credits up to $7,500 on all-electric and plug-in hybrid cars that you would claim on your 2017 tax return. The IRS defines the vehicle requirements as follows: ?This is...

Spring Savings Tip:

Before summer kicks in, take a look at your asset allocation of all your retirement and non-retirement accounts, and consider rebalancing your accounts.

This Year’s Most Interesting Tax-Season Observations

At some point during each tax season, there is a moment when I notice a recurring trend or theme that is unique and fascinating to that specific tax season. So what is this year’s most interesting trend? For the 2017 tax season, what I found most fascinating is...

Spring Clean Up: Clean Out Your Tax Files and Records

With the April 15th deadline still a recent memory, most of us probably still have our tax records piled up somewhere in our homes.? Why not take this opportunity to shred all the documents that you no longer need to keep? How long do you need to hold onto your tax...

Mike’s Tax Season Takes

By Mike Bohigian, CPA As we approach the final stretches of tax season and the looming April 18th?filing deadline, we wanted to share some observations from the past couple months working with our clients. One general observation we?ve had as a firm is the interesting...