Month: November 2017

Archive for November 2017

Solar Technology Tax Credits Available for 2017

Certain energy-efficient home improvements can cut your energy bills and save you money at tax time. While many of these tax credits expired at the end of 2016, tax credits for residential and non-business energy-efficient solar technologies do not expire until December 31, 2021. Here are some key facts that you should know about these…

Read More

Charitable Contributions of Property

If you contribute property to a qualified organization, the amount of your charitable contribution deduction is generally the fair market value of the property at the time of the contribution. However, if the property fits into one of the categories discussed below, the amount of your deduction must be decreased. As with many aspects of…

Read More

Small Business: Tax Breaks for Charitable Giving

Tax breaks for charitable giving aren’t limited to individuals, your small business can benefit as well. If you own a small to medium sized business and are committed to giving back to the community through charitable giving, here’s what you should know. Verify That the Organization is a Qualified Charity. Once you’ve identified a charity,…

Read More

Seasonal Workers and the Health Care Law

Businesses often need to hire workers on a seasonal or part-time basis. For example, some businesses may need seasonal help for holidays, harvest seasons, commercial fishing or sporting events. Whether you are getting paid or paying someone else, questions often arise over whether these seasonal workers affect employers with regard to the Affordable Care Act…

Read More

Tax Breaks for Educators

With the fall semester of the school year well underway, teachers, administrators and aides should not forget to keep track of education-related expenses that could help reduce their taxes, when they file their returns next spring. With that in mind, let’s take a look at three key work-related tax benefits that are available to educators.…

Read More