by Capocore Professonal Advisors | May 29, 2018 | Small Business Tax
If you own a business and have a child in high school or college, hiring him or her for the summer can provide a multitude of benefits, including tax savings. And hiring your child may make more sense than ever due to changes under the Tax Cuts and Jobs Act (TCJA)....
by Capocore Professonal Advisors | May 22, 2018 | Individual Tax Brief
When school lets out, kids participate in a wide variety of summer activities. If one of the activities your child is involved with is day camp, you might be eligible for a tax credit! Here are some dollar-for-dollar savings. Day camp (but not overnight camp) is a...
by Capocore Professonal Advisors | May 14, 2018 | Small Business Tax
At this time of year, a summer vacation is on many people’s minds. If you travel for business, combining a business trip with a vacation to offset some of the cost with a tax deduction can sound appealing. But tread carefully, or you might not be eligible for the...
by Capocore Professonal Advisors | May 8, 2018 | Individual Tax Brief
If you received a large refund after filing your 2017 income tax return, you’re probably enjoying the influx of cash. But a large refund isn’t all positive. It also means you were essentially giving the government an interest-free loan. That’s why a large refund for...
by Capocore Professonal Advisors | Apr 24, 2018 | Individual Tax Brief
What 2017 tax records can you toss once you’ve filed your 2017 return? The answer is simple: none. You need to hold on to all of your 2017 tax records for now. But it’s the perfect time to go through old tax records and see what you can discard. The 3-year and 6-year...
