tax credit and deduction

Tax Exemption vs. Tax Deduction. What’s the Difference?

Are you ever confused when your tax advisor says “take this exemption” or “let’s use this deduction?”

Don’t worry, you are not alone.

Most tax payers are not aware of the difference between a tax exemption and a tax deduction. I take pride in teaching you how to achieve financial peace in many different ways and this is one topic I’d love to explain to you.

Now let’s break down the difference between a tax exemption and a tax deduction!

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Tax Updates 2020 2021

10 Top Tax Changes You Must Know Before Filing in 2021

The 2021 tax season is coming soon. That means that it’s time to check out the latest 2020 tax changes and updates. The good news is that we have been able to put together this easy to follow guide on the latest tax changes.

Be sure to check out each of the ten major 2020 tax changes for the season. Chances are, at least some of these recent tax changes may apply to you.

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11 Super Simple Tax Tips for 2021 (Doing Tax Season the Right Way)

It’s that time of year again! No, I’m not talking about the Yuletide season, I’m speaking on the adventurous time of the tax season.

Now is the best time to start gathering all of your data for the 2021 tax season. Whether you know it or not, having a game plan or strategy for your taxes is the most important step in conquering this daunting task.

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