Sold Your Home This Summer? Let’s Talk Capital Gains Taxes

Sold Your Home This Summer? Let’s Talk Capital Gains Taxes

Summer is traditionally a busy season for real estate. And if selling your home was part of your summer, you may have walked away from the closing table with a significant profit. That raises an important question: Will you owe taxes on it? For many homeowners, the...
Tax-Exempt Doesn’t Mean Tax-Free: What Nonprofits Need to Know

Tax-Exempt Doesn’t Mean Tax-Free: What Nonprofits Need to Know

For nonprofit organizations, “tax-exempt” can be a misleading phrase. While qualifying nonprofits may be exempt from federal income tax on activities related to their mission, that doesn’t mean taxes — or tax compliance — disappear altogether. Nonprofits have their...
Planning to Retire? Put Taxes on Your Pre-Retirement Checklist

Planning to Retire? Put Taxes on Your Pre-Retirement Checklist

When you picture retirement, taxes probably aren’t the first thing that comes to mind. You may be thinking about whether you’ve saved enough, when to claim Social Security, how you’ll spend your time or simply what it will feel like to stop setting...
Summer Side Hustle? Don’t Overlook These Tax Tips

Summer Side Hustle? Don’t Overlook These Tax Tips

Summer is a busy season for more than vacations and backyard barbecues. For many people, it’s also one of the busiest times of the year for earning extra income. Whether you’re mowing lawns, selling products online, photographing weddings, driving for a rideshare...