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17 minutes ago
Early Bird Tax Tips: Reasons to File Early
File early to protect against tax identity theft and get a faster refund. Deadline: April 15 for individuals, March 17 for S-Corps/Partners.

Jan 27
Understanding Medicare Premiums and Their Tax Implications
Did you know? Medicare premiums depend on your income. Manage your MAGI via tax strategies to reduce future costs. Read more.

Jan 24
How will Inflation affect your 2024 and 2025 Tax Bills?
2025 inflation adjustments mean higher tax breaks, more retirement savings, larger FSAs, and bigger gift tax limits to save you money.

Jan 13
Maximizing Your Retirement Savings with a 401(k) in 2025
Boost 401(k) savings in 2025: $23,500 limit, $31,000 for 50+, $11,250 catch-up for 60-63. Choose tax-deferred or tax-free growth!


Jan 10
Retirement Plans for Growing Businesses: A Simple Guide
Boost employee benefits with 401(k)s, SEP-IRAs, or SIMPLE IRAs—each offers unique perks, limits, and tax advantages for growing businesses.


Jan 9
How Self-Employment Tax Works: A Refresher Guide
Self-employment tax is 15.3%, paid quarterly. Learn what to expect & consult a VAAS Tax Professional to manage taxes.

Dec 6, 2024
Take Advantage of Clean Energy Tax Credits Before Potential Changes
Claim IRA tax credits: 30% for energy upgrades, $7,500 for EVs, $1,000 for chargers. Act by Dec. 31; changes may end these perks.

Dec 5, 2024
What’s New for Retirement Contributions in 2025? Let’s Break It Down!
IRS raises 2025 retirement limits: 401(k) to $23,500, higher catch-up for ages 60–63. SIMPLE & SEP limits increase, IRA stays at $7,000.

Nov 20, 2024
Changes to the Social Security Wage Base for 2025
The 2025 Social Security wage base rises to $176,100. Prepare for payroll tax changes. Contact us for help with compliance and planning.

Nov 7, 2024
Deducting Vehicle-Related Expenses: What You Need to Know
TCJA limits vehicle deductions however, self-employed CAN claim work miles, while others can only claim medical, charity, & military moves.

Nov 6, 2024
Cash Gift Giving: The Tax Benefits
As 2024 comes to an end, consider tax free gifts to reduce taxes. Couples can give $36K ($18K for singles). 'Tis the gift giving season.

Nov 5, 2024
529 Plans for Your Child’s Educational Future
529 plans offer tax-free growth for education savings, covering K-12 and college costs. Withdrawals are tax-free for qualified expenses.

Nov 4, 2024
Hobby vs Business: How will the IRS Evaluate My Business Activities
To deduct losses, you must prove your business is not a hobby. Profit intent must be shown through records, time, and expertise. Contact us

Nov 1, 2024
Should You Separate Real Estate Ownership from Your Business?
Separating real estate ownership from your business may reduce double taxation and boost asset protection. Contact us to learn more.


Oct 25, 2024
Does your company offer Employee Assistance Programs (EAPs)? If so, be mindful of compliance and regulations.
EAPs support employees’ mental health but may require ERISA, COBRA, HIPAA, or ACA compliance. Legal guidance helps ensure full compliance.

Oct 24, 2024
The Tax Consequences to Working Remotely
Remote work can cause double taxation and multi-state tax obligations. Employees and employers must be aware of these potential tax issues.

Oct 14, 2024
Understanding Taxes on Real Estate Gains
Selling real estate? You may owe up to 25% in taxes, plus 3.8% NIIT. Rules are complex—contact us with questions and we'll guide you!

Oct 9, 2024
Lower your Tax Bill with Year-End Tax Strategies
Plan tax-saving strategies for 2024. Maximize deductions, delay income, contribute to retirement, and donate smartly from IRAs.

Oct 7, 2024
Using the Electric Vehicle (EV) Tax Credit
Electric vehicles are on the rise, boosted by a $7,500 tax credit. Check if you qualify and learn how to take advantage of this incentive.

Oct 2, 2024
Avoid Taxable IRA Withdrawals with Certain Charitable Donations
If you enjoy donating to charity and are required to take withdrawals from your traditional IRA, you might be able to save on taxes.
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