Latest From the Blog

Leigh Russell Leigh Russell

Tax Breaks Available for Caregivers

Caring for a loved one can be a deeply fulfilling and rewarding experience, but can also come with challenges and expenses. Many caregivers dedicate their time and energy to caring for family members or friends who are unable to care for themselves due to illness, disability, or old age.

Fortunately, tax breaks are available in various countries to help alleviate some of the financial burdens associated with caregiving.

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Leigh Russell Leigh Russell

Who Gets Tax-Free Tips? Rules Detail What Counts for New Break

The government’s initial list of jobs eligible for the new “no tax on tips” deduction includes tennis teachers, dancers, wedding planners and social-media influencers, opening the benefit to a range of Americans far beyond waiters and baristas.

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Leigh Russell Leigh Russell

Home-Energy Tax Credits Are Expiring Soon. Act Fast.

Thinking of making your home more energy efficient? You may want to act fast. Big incentives for homeowners to get greener are about to go away.

Under President Trump’s One Big Beautiful Bill Act, many federal home-energy tax credits will expire at the end of the year—so people will lose the current tax breaks for adding eco-friendlier appliances or systems like heat pumps and solar panels.

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Leigh Russell Leigh Russell

Steps to Take If You Owe Back Taxes

Owing back taxes can be a stressful and overwhelming situation. Whether you've fallen behind on your income taxes or have unresolved tax debt from previous years, it's essential to address the issue promptly and take the necessary steps to resolve it.

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