Don’t be naughty this holiday season, get an early start on tax planning instead of waiting until year-end! This gives you more time to meet with your TFG Accounting and Tax Professional and make the financial moves that can reduce your tax burden when you file in 2025. And, the faster you file your return,
Enhanced Charitable Tax Breaks For 2021
The Consolidated Appropriations Act, 2021, ushered in 2 new tax changes that will boost donors’ tax deductions for charitable giving this year. But while folks can give more to charity at a lower net cost, penalties have also increased for overstating the value of charitable gifts. The first change is an above-the-line tax deduction for
