Reduce Your Tax Bill with Higher Education Credits

Reduce Your Tax Bill with Higher Education Credits

If you’re paying for higher education, two federal tax credits can help students lower their taxes: the American Opportunity Tax Credit and the Lifetime Learning Credit. The student for whom the credits are claimed can be the taxpayer, their spouse, and their...
CTA 2024: Must-Know BOI Reporting Rules

CTA 2024: Must-Know BOI Reporting Rules

The Corporate Transparency Act (CTA) of 2021 requires entities to report beneficial ownership information (BOI) to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) starting January 1, 2024, to enhance transparency and combat...
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