Tax Deduction

Your deductions are important! Ask Vernoia, Enterline + Brewer, CPA LLC.

EITC is a Major Tax Benefit

The EITC helps workers who earned $59,187 or less when they file their tax returns. Unfortunately, many people risk missing out on the credit because they don’t know they’re eligible — especially people who had a major life change and may qualify for the first time this year. Other workers at risk for overlooking the …

EITC is a Major Tax Benefit Read More »

Know What’s Deductible After Buying A First Home

Making the dream of owning a home a reality is a big step for many people. First-time homeowners should make themselves familiar with authorized deductions, programs that can assist with home ownership and the use of housing allowances that can be beneficial.

Starting a Business? Tax Tips

Here’s How Businesses Can Deduct Startup Costs From Their Federal Taxes When starting a business, owners should treat all eligible costs incurred before beginning to operate the business as capital expenditures that are part of their basis in the business.

Scroll to Top