Photo: joaquincorbalan.
5 Common Tax Write-Offs that You Can Claim on Your 2024 Returns
We are well and truly into the tax season and if you haven’t filed already, you should be doing so as soon as possible. But before you submit your returns,…
Photo: JulieAlexK.
Tax Prep Checklist: 6 Tips to Help You File Your Taxes
Tax season can be overwhelming for many but with the right preparation, positive mindset and this tax prep checklist to help you, it can be smoother than you think. Proper…
Preparing for the Upcoming Tax Season: 8 Things to Know
It’s that time of year again. No, we don’t mean the holidays. We’re talking about the upcoming 2024 tax return season. Here are 8 things to watch for as you…
Photo: towfiqu98
A Year-End Accounting Checklist for your Business
With year’s end fast approaching, now is the time to get a handle on your business finances by creating a year-end accounting checklist. This will ensure that your financial records…
Photo: Mohammed Faizil Bin Ramli, Getty Images.
4 Tax-Saving Strategies You Can Implement This Year
If you’ve done your own taxes or hired an accountant, you’ll no doubt be familiar with the term itemized deductions. The strategy involves using specific expenses that can be subtracted…
Photo: Getty Images.
Tax Changes in 2024 That You Should Know About
While the 2023 tax filing season is underway, we believe that it’s prudent to know about the tax changes in 2024 that have already been implemented. At Tuffy & Associates,…
Photo: Shandor_gor.
Filing Your Tax Return: How to Make it Go Smoothly
The IRS officially kicked off the 2024 tax season in late January by announcing that it is expanding the filing options for taxpayers. At Tuffy & Associates, we are here…
Photo: rfaizal707
6 Year-End Financial Strategies You Need to Consider
As the year draws to a close, here at Tuffy & Associates we are thinking about all the ways that our clients can save money. With that in mind, here…
Photo: wutzkoh
Buying or Leasing Your Vehicle: The Tax Implications of Both
If you are trying to decide between buying or leasing your vehicle, you might be wondering, which option is best and what provides the most tax savings? The Difference between…
Photo: @studioroman
Employing Your Spouse: 5 Things to Keep in Mind
If you have your own business, one of the smartest tax moves you can make is to hire your spouse to work as your employee. Here are 5 things you…