IRS Raises Mileage Rates Due to Rising Gas Prices By: Stacey Nickens This summer, I've sat around many a dinner table, bemoaning the rise in gas prices. Many of us have seen our gas bills rise astronomically. Luckily, if you use your car for business, the IRS has recognized the rise in gas prices [...]
Many Georgia Taxpayers to Receive Additional Refund By: Stacey Nickens Many Georgia taxpayers will be receiving a bonus refund this spring. Once you file your 2021 state income return, the Georgia Department of Revenue may send you a one-time refund of up to $500 for joint filers, $375 for head of household filers, or [...]
Every tax season, I hear many versions of the above question. Clients ask if they should spend more through their business or take on a larger mortgage in order to save on taxes. While you should consider the tax implications of these decisions, you should first consider what is best for your family and [...]
I sold my home in 2021. Will I face a large tax bill? By: Stacey Nickens Because owning a home is considered an investment, selling a home can lead to taxable capital gains. However, you can exclude a certain amount of those capital gains on your tax return, and if you save receipts and [...]
At the beginning of every year, your mailbox and inbox is likely inundated with tax forms. You may use these forms to file your own return or hand them off to a tax preparer. Either way, what should you do with these forms at the end of tax season? In general, you should keep [...]
Elm3's Guide to the 2021 Child Tax Credit By: Stacey Nickens The Child Tax Credit both increased in 2021 and was delivered in a different manner. Unless you unenrolled from advanced payments, parents received monthly payments of their Child Tax Credit. In total, these advanced payments should equal half of the total credit that [...]
Tax Credits and Deductions for Caregivers By: Stacey Nickens Caring for an elderly relative can be both rewarding and challenging. Spending extra time with a loved one may come with significant expenses, including care expenses. If you are responsible for financially caring for an elderly relative, you may be able to claim one of [...]
Accessing and Using Your IRS Account By: Stacey Nickens Taxpayers can sign into their online IRS account to view their account balances, access tax statements, make payments, and complete other tax-related tasks. Beginning with this tax season, the IRS announced that they would be using a third-party identity verification service called ID.me in order [...]
Tracking Your Tax Refund By: Stacey Nickens There are many benefits to filing your tax return early. Namely, you are less likely to be the victim of tax fraud, and you are more likely to receive your refund quickly. Once you have filed your 2021 return, you can check the status of your refund [...]
Bitcoin investing has become increasingly popular over the past year. In December 2021, Grayscale Investors found that more than half of the current Bitcoin investors had begun investing in Bitcoin during the previous 12 months. Like many others, you may find cryptocurrencies to be an intriguing new investment opportunity. You may accordingly have already [...]
Give us a call:
(678) 297-9500
Get Directions:
5755 North Point Pkwy #92, Alpharetta, GA 30022
