tax savings

married couples filing separate tax returns

Married couples filing separate tax returns: Why would they do it?

If you’re married, you may wonder whether you should file joint or separate tax returns. The answer depends on your individual tax situation. In general, it depends on which filing…

Read More
A finger turning on lighting switch on rough on blue dark wall.

Switch on Tax Savings

Claiming the energy-efficient commercial buildings deduction Businesses that have invested in energy efficiency — or are considering doing so — shouldn’t overlook the Section 179D deduction for energy-efficient commercial buildings.…

Read More
donating a vehicle to charity

Donating a Vehicle to Charity May Not Be a Taxwise Decision

You’ve probably seen or heard ads urging you to donate your car to charity. “Make a difference and receive tax savings,” one organization states. But donating a vehicle may not…

Read More
tax breaks for electric vehicles

Plug In Tax Savings for Electric Vehicles

While the number of plug-in electric vehicles is still small compared with other cars on the road, it’s growing — especially in certain parts of the country. If you’re interested…

Read More
three big tax law changes

3 Big TCJA Changes Affecting 2018 Individual Tax Returns and Beyond

When you file your 2018 income tax return, you’ll likely find that some big tax law changes affect you — besides the much-discussed tax rate cuts and reduced itemized deductions.…

Read More