by Jeanine Hemingway CPA | Oct 18, 2022 | Business, Business Tax Breaks, Tax Blog, Tax Planning, Year End Taxes
It may seem early to talk about year-end tax planning, but with only roughly sixty days left in 2022, it’s important to take action now to favorably impact your tax bill this year, and to put yourself in good financial footing for the year ahead. End-of-year taxes are... by Jeanine Hemingway CPA | Sep 8, 2022 | Business, Tax Blog
You may have heard that President Biden recently signed the Inflation Reduction Act of 2022, a sweeping piece of legislation that is designed to address some of the significant issues that the U.S. is facing. Some of those issues include the high cost of prescription... by Jeanine Hemingway CPA | Aug 5, 2022 | Business, Education, Tax Blog
For most business owners, once September rolls around thoughts turn away from summer vacations to the reality of tax deadlines and IRS requirements. One deadline just weeks away is September 15th, the due date of the prior three months of estimated taxes. At Jeanine... by Jeanine Hemingway CPA | Jun 7, 2022 | Business, Lifestyle, Tax Blog
Are you familiar with the First-Time Homebuyer Tax Credit? This tax credit, (as of June 2022) is still a bill and has not yet been passed into law. The bill was introduced by lawmakers in 2021 as an IRS tax code, that if it passes, will grant first-time... by Jeanine Hemingway CPA | May 11, 2022 | Education, Lifestyle, Tax Blog
August 2, 2017 – Own a vacation home? Considering buying one/ Wouldn’t it be nice if you can get a tax deduction for your vacation home? But before you list with one of the popular online rental companies, make sure you know the rules. If you’re not careful,... by Jeanine Hemingway CPA | May 10, 2022 | Education, Lifestyle, Tax Blog
You can breathe a sigh of relief now that Tax Day is behind us. Most taxpayers hardly look forward to tax season. An estimated 52% of U.S. adults find the tax-filing process stressful, according to a recent TaxSlayer survey. But most of that sentiment boils down to...