Insights and Resources

Insights

Can I Itemize Deductions on My Tax Return?
March 17, 2025

Can I Itemize Deductions on My Tax Return?

You may wonder if you can claim itemized deductions on your tax return. Perhaps you made charitable contributions and were told in the past they ...

Tax Planning • Tax Compliance
Financial Relief for Families: The Benefits of the Child Tax Credit
March 17, 2025

The Child Tax Credit: Financial Relief for Families

The Child Tax Credit (CTC) has long been a valuable tax break for families with qualifying children. Whether you’re new to claiming the credit or ...

Tax Planning • Guide
A Heavy Vehicle Plus a Home Office Equals Tax Savings
March 17, 2025

A Heavy Vehicle Plus a Home Office Equals Tax Savings

New and used “heavy” SUVs, pickups and vans placed in service in 2025 are potentially eligible for significant first-year depreciation write-offs. ...

Tax Planning • Tax Compliance • Manufacturing • Guide
Boost Benefits with PA’s New Employer Tax Credit for 529 Contributions
March 4, 2025

PA's New Employer Tax Credit for 529 Contributions

In a competitive hiring market, meaningful benefits help set your company apart and keep good people. Pennsylvania's Employer Tax Credit for 529 ...

Tax Planning
'What Now?' A Trustee / Executor's Guide to Getting Started
December 18, 2024

'What Now?' A Trustee / Executor's Guide to Getting Started

Have you been named as executor of your parent's estate? What does this job entail? Acting as an executor of an estate can involve a great deal of ...

Tax Planning • Guide
Year-End Tax Moves: It's Not Too Late!
December 18, 2024

Year-End Tax Moves: It's Not Too Late!

As the end of the year draws near, savvy taxpayers look for ways to reduce their tax bills. This year, the sense of urgency is higher for many ...

Tax Planning • Guide
Is Your Company Protecting Employees' 401(k) Savings from Fraud?
November 21, 2024

Is Your Company Protecting Employees' 401(k) Savings from Fraud?

A recent case involved a 401(k) plan participant who was defrauded of approximately $740,000 by overseas criminals. Unfortunately, fraud involving ...

Tax Planning • Fraud and Forensic
How a 529 Plan Can Unlock Your Child's Education Fund
November 21, 2024

How a 529 Plan Can Unlock Your Child's Education Fund

If you have a child or grandchild planning to attend college, you've likely heard about 529 plans: qualified tuition programs designed to help prepay ...

Tax Planning • Estate and Succession Planning
Self-Employed? Here's How a Solo 401(k) Can Help Build Your Nest Egg
November 21, 2024

Self-Employed? How a Solo 401(k) Builds Your Nest Egg

If you're self-employed or own a small business with no employees (other than your spouse), a solo 401(k) can be an excellent option for retirement ...

Tax Planning • Tax Compliance