Tax Planning

man in suit giving man with cast on right arm a workers compensation form

Avoid a TAX NIGHTMARE: Uncover Whether Car Accident Settlements are Taxable

Car accident settlements can be complex, and one of the questions that often arises is whether the compensation received is ...
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Thoughtful individual calculating sales tax in a car dealership, with a document titled 'Car Sales Tax Deduction?' in the foreground, highlighting factors affecting tax deductibility, symbolizing informed financial decision-making in car purchases.

Is Car Sales Tax Deductible? A Clear Explanation

When it comes to purchasing a car, the sales tax can add a significant amount to the total cost. However, ...
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woman holding a pencil wearing glasses looking over a document at her desk looking confused

Understanding Your Finances: Is a Tax Refund Taxable?

As tax season approaches, understanding the taxability of your refund is crucial for managing your finances effectively. While most tax ...
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exemption vs deduction what is the difference

Tax Exemption vs. Tax Deduction: What’s the Difference?

Are you ever confused when your tax advisor says “take this exemption” or “let’s use this deduction?” Don’t worry, you ...
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Tax Deductions for stylists, barbers and beauty professional working in their salon and shop.

31+ Commonly Missed Tax Deductions for Stylists, Barbers and Beauty Professionals

Many tax deductions for barbers and beauty professionals are missed each year! You’re in the world of perfecting your client’s ...
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