How Olympic Medals are Taxed
August 22, 2016
Olympians are definitely stuck contending with tax bills resulting from their victories. Most prizes and awards are taxable whether you win…
Why Hire A Portable CFO?
August 22, 2016
Why Hire a Portable CFO? Let’s be honest: Entrepreneurs and small business owners wear many hats. During the regular course of a day, you…
Brexit’s Impact on US Taxes
July 31, 2016
The United Kingdom's vote to leave the European Union (EU) is going to have a lot of impact on international trade, not to mention the…
Business TaxesTax PlanningEmployment
Tax considerations for switching jobs or unemployment
June 15, 2016
If you are about to switch jobs or experience some sort of unemployment, there are certain tax implications you may need to consider.…
Tax Filing DeadlinesTax AdviceTax Advisor
The IRS Tools of Last Resort: Tax Levies and Liens
May 30, 2016
April 15th is in most taxpayers' rearview mirrors--except for those with an outstanding tax debt. There are provisions for extending the…
Tax Filing DeadlinesTax Advisor
When You Need to File an Amended Tax Return
May 23, 2016
Tax season is over and you might think that you can rest easy now that your return has been filed but that's not always the case. Sometimes…
Student TaxesFinancial Planning
Personal Finance Tips for Young Adults
April 15, 2016
As a young person, considering anything finance-related can seem light years away. In reality, knowing how to manage your finances and plan…
Taxes & Recordkeeping For Uber, Lyft & Other Rideshare Drivers
March 30, 2016
The rise of the sharing economy brings about a great deal of tax concerns, whether you rent out your home on Airbnb or pick up groceries on…
Frequently Asked Questions about Healthcare and Your Taxes
March 15, 2016
Because of changes initiated by the Affordable Care Act, your healthcare costs during the year now affect your taxes more than they ever…
Tax Filing DeadlinesTax Planning
The Honest Taxpayer’s Guide to Settling Tax Debt
February 29, 2016
We pay our federal income taxes through a voluntary pay-as-you-go payroll deduction, or through a system of quarterly estimated payments to…
Quarterly Estimated Taxes: What they are, What they are for, and Why you may need to pay them
February 16, 2016
Estimated taxes are commonly paid by those who are self-employed or have unconventional income, such as income from stocks and bonds. Those…
February Student Special from Dukhon Tax!
February 5, 2016
It’s tax season again and one of our firm’s favorite things during this time of year is to give a little something special to Boston’s…
Tax Planning for Business Sales and Purchasing
December 15, 2015
Whether you're selling or purchasing a business, conscientious tax planning is essential. Whenever a business is transferred, there are tax…
Healthcare Tax Issues on the Rise
December 2, 2015
There are a number of tax issues surrounding healthcare that have recently taken center stage. The state of Colorado has proposed, and…
Year-End Tax Planning for 2015
November 22, 2015
This guide is generally oriented towards the time-honored approach of deferring income and accelerating deductions to minimize 2015 taxes.…
Tax TipsTax AdviceImpact on Taxes
Life Milestones and Their Effect on Your Taxes
October 30, 2015
The breadth of our life experiences and changes that occur as we mature always have wider tax implications. The major milestones of our…
Tax TipsAffordable Care ActTax AdviceTax Deductions
Don’t Want to Buy Health Insurance? Look Into Market Place Hardship Exemptions
October 15, 2015
If you can afford health insurance but you don't wish to buy it expect a higher federal income tax bill for 2015. Under the Affordable Care…
Avoiding Tax Identity Theft
October 5, 2015
"Identity theft is one of the fastest growing crimes nationwide, and refund fraud caused by identity theft is one of the biggest challenges…
Estimated Taxes: Who Has to Pay Them and How?
September 21, 2015
The majority of taxpayers pay their taxes due annually when filing their tax return for the year. In some circumstances, however, taxes…
Filing your federal tax return after filing for an extension
September 8, 2015
April 15th may be more than six months away but it is never too soon to start thinking about how and when you will file your tax return. If…
Tax TipsTax AdviceTax Deductions
Lower your Tax Liability with Deductions and Credits
September 2, 2015
Tax deductions and credits help taxpayers reduce their tax liability. The differences between the two are in their definitions: A tax…
Use tax software or hire a human? — DIY vs. DPB
August 25, 2015
Should you try to file that complicated tax return with using commercial tax software or get the help of a qualified tax preparer? Unless…
Plan Ahead for Your 2015 Tax Filing
August 17, 2015
Experience can be a good teacher, but we shouldn’t learn everything through our mistakes. For example, if the IRS penalized you last April…
Tax TipsTax AdviceTax Deductions
Reduce Your Tax Liability With These 3 Often Overlooked Tax Deductions
July 24, 2015
As the tax year matures, it is not too late to find ways to reduce your personal or small business income tax bill. Below are three areas…