Year-End Tax Planning: Checking Your Paycheck Withholding
While it might seem like tax season just ended, it is never too early to do a “Paycheck Checkup” to make sure the right amount of tax is withheld from earnings – and avoid a tax surprise next year when filing your 2020 tax return. As a reminder, because income taxes operate as a pay-as-you-go…
Taking Advantage of the Home Office Deduction
More people are working from home than ever before, taxpayers may be wondering if they can claim a home office deduction when they file their 2020 tax return next year. Here are some tips to help you understand the home office deduction and determining whether you can claim the home office deduction on your tax…
