The government wants to assist you in doing these eco-friendly things, and they even offer to help you with energy-efficient home improvement credits. You can high-five being an environmentally responsible person, and this time, you’ll get a high-five back in your pocket, all in cash. As a seasoned tax professional with years of experience in […]
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Did you know that you can purchase a new TV, clothes, or even a car, and in some states, you don’t have to pay any state sales tax? It’s true! Although most Americans have grown accustomed to the additional percentage added to their purchases, there are several states where you can shop without worrying about
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There is some good news: if you work abroad as an American, you could have more of your money in your pocket due to the foreign earned income exclusion. It is a special gift from the IRS to Americans who are not afraid to work far away! Now, what is this magic tax break? What
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Congratulations! Since you’re 59½, you might feel like Santa has given you access to all kinds of sweets and goodies. After many years of your savings in your 401(k) going up and them saying leave it, now, anytime you consider using your retirement funds, you won’t face those early withdrawal penalties! Let’s quicken pause for
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Are you going to share your wealth with your loved ones in the upcoming 12 months? The IRS is good news. In 2025, the annual gift tax exclusion is changing, which means for the next four years, generous people will be able to gift assets without paying a tax. However, before you begin writing checks
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In the modern world, where everything is shrinking over time, fax preparation software has become an indispensable necessity for filing accurate and timely tax returns. Have you ever thought of asking why you have to provide your bank account and routing number during this process? It is high time to examine this question and reveal
If you are interested in business and money, you may come across the word “advisory shares.” But how does this term fit into the bigger picture of money, though? This blog will discuss advisory shares. You will get complete information about what they are for. You will also learn about what they mean for buyers and businesses.
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H&M Tax Group is a leading Dallas-based tax and accounting firm serving individuals and businesses with expert tax preparation, payroll, and IRS resolution services.
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