
There’s a deduction for student loan interest … but do you qualify for it?
College is expensive and you may have taken student loans to pay for it. Can you deduct the interest you pay on these loans? Here are the rules.
College is expensive and you may have taken student loans to pay for it. Can you deduct the interest you pay on these loans? Here are the rules.
One of your new year’s resolutions may be to take better care of your health. But can you deduct your out-of-pocket medical costs on your tax return?
With real estate prices up in some markets, the “like-kind” exchange strategy may be attractive if you want to sell commercial or investment real estate.
Many people have become gig workers to earn extra money through online platforms. Find out more about the tax implications of these jobs.
Providing a company car to executives at your business is a prized perk. Here are the basic tax rules involved in this fringe benefit.
The price of gas is up about $1 a gallon from a year ago. How does this affect the amount your business can deduct for business driving in 2022?
If you’re going to receive a personal injury or discrimination settlement or award, you want the best tax result possible. Here are the basic rules of when amounts are tax free or taxable.
Before you know it, we’ll be ringing in 2022. You may still have time to reduce your 2021 federal tax liability by taking these steps.
If you have a flexible spending account, you may want to schedule a trip to the dentist, buy new eyeglasses or have elective medical procedures performed. Here’s why.
Feeling generous this year? Here are the basic rules for charitable contributions and gifts to loved ones.
Your company is unique, and we may not be able to answer your specific questions within a blog post. Contact us and let our experts find the solution that’s right for you.
Packer Thomas Certified Public Accountants & Business Consultants.