https://www.pathwaycpagroup.com/blog daily 0.75 2025-10-25 https://www.pathwaycpagroup.com/blog/payrollchange monthly 0.5 2025-10-25 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/cf688e81-35dc-4f8c-9e14-643f9a095203/Changing+Payroll.png Blog - Wanna change payroll software? Be careful. - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.pathwaycpagroup.com/blog/tax-guide-to-deducting-long-term-care-insurance monthly 0.5 2024-10-01 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/8538ea79-21c0-4e2d-a21f-cd3d9a9afc34/josh-appel-0nkFvdcM-X4-unsplash.jpg Blog - Tax Guide to Deducting Long-Term Care Insurance Long-term care costs can be substantial, and neither Medicare nor Medicaid provide comprehensive coverage for most people. https://www.pathwaycpagroup.com/blog/tax-deductions-for-investments-in-raw-land monthly 0.5 2024-08-30 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/0d475829-7feb-47a7-ad06-0bb185dd74c5/artem-polezhaev-cHzhaOuoGaY-unsplash.jpg Blog - Tax Deductions for Investments in Raw Land Purchasing raw (unimproved) land can be a great way to get into real estate investing. https://www.pathwaycpagroup.com/blog/exceptions-to-the-10-percent-penalty-on-early-ira-withdrawals monthly 0.5 2024-08-02 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/410f5f37-0951-4c94-91f3-75ed52a4b79d/Savings+2.jpg Blog - Exceptions to the 10 Percent Penalty on Early IRA Withdrawals There are several exceptions that can help you avoid the penalty under specific circumstances https://www.pathwaycpagroup.com/blog/tax-implications-of-shutting-down-sole-proprietorship-or-single-member-llc monthly 0.5 2024-07-31 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/bbaf2b56-11f2-4abf-8b67-8f975d15f8e2/kelly-sikkema-xoU52jUVUXA-unsplash.jpg Blog - Tax Implications of Shutting Down Sole Proprietorship or Single-member LLC As you consider shutting down your sole proprietorship or your single-member LLC treated as a sole proprietorship for tax purposes, it’s crucial to understand the tax implications of this decision. https://www.pathwaycpagroup.com/blog/what-to-expect-when-dissolving-a-partnership monthly 0.5 2024-06-27 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/9c17001d-85da-4731-973a-b81a19e287b7/romain-dancre-doplSDELX7E-unsplash.jpg Blog - What to Expect when Dissolving a Partnership. As you consider winding down your partnership, here’s a concise overview of what you might expect under three typical scenarios of partnership dissolution. https://www.pathwaycpagroup.com/blog/five-rules-for-turning-your-vacation-into-tax-deductible-business-travel monthly 0.5 2024-06-06 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/8ac0c1b8-e579-430f-8273-cd1296c93ac2/Business+Travel.jpg Blog - Five Rules for Turning your Vacation into Tax-Deductible Travel. Here’s an idea: how about transforming your next vacation into business travel? https://www.pathwaycpagroup.com/blog/tax-reform-doubles-down-on-s-corporation-reasonable-compensation monthly 0.5 2024-05-30 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/30976f2e-7139-46a1-95f1-5876bba57677/Business+Tax+Form.jpg Blog - Tax Reform Doubles Down on Reasonable Compensation for S-Corporations From 2018 to 2025, the Tax Cuts and Jobs Act is offering a 20 percent deduction on pass-through business income, with specific eligibility criteria. https://www.pathwaycpagroup.com/blog/overview-of-105-hra monthly 0.5 2024-05-01 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/60a55fcb-9aac-4a47-b673-ec7270145a08/Health+Care.jpg Blog - Overview of 105-HRA If you qualify, the 105-HRA gives you the best possible medical reimbursement plan. https://www.pathwaycpagroup.com/blog/irs-audit-time-limits monthly 0.5 2024-04-29 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/ad37b3c9-6d99-450f-a864-dc4c26539f89/scott-graham-5fNmWej4tAA-unsplash.jpg Blog - IRS Audit Time Limits Once the limitations period expires, the IRS can’t audit your return or assess any additional tax. https://www.pathwaycpagroup.com/blog/new-tax-reporting-requirements-for-bitcoin-or-other-digital-assets monthly 0.5 2024-04-01 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/f460cb8f-2b8e-404e-8b5c-bbe0d9c2fdd7/Crypto.jpg Blog - New tax reporting requirements for Bitcoin or other digital assets. Congress wants the IRS to crack down on taxpayers who buy and sell crypto but don’t report or pay tax on their gains. https://www.pathwaycpagroup.com/blog/estimated-tax-penalties monthly 0.5 2024-03-25 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/ca376922-dc1a-456f-896b-d9fa72f9bdfe/Pay+Taxes.jpg Blog - Estimated Tax Payments & Penalties The United States has a “pay as you go” tax system in which payments for income tax must be made to the IRS throughout the year as income is earned. https://www.pathwaycpagroup.com/blog/the-irs-annual-dirty-dozen-list monthly 0.5 2024-03-01 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/28de8a5a-7d37-4b3b-8673-7138836113ba/IRS+Scam.jpg Blog - The IRS Annual Dirty Dozen List - For over 20 years, the IRS has issued an annual Dirty Dozen list identifying tax scams and avoidance schemes. https://www.pathwaycpagroup.com/blog/irss-new-form-1099-k-reporting-rules monthly 0.5 2024-02-26 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/e551ad47-dcae-4e44-9a10-730bb1b8e845/Tax+Reporting+Forms.jpg Blog - IRS’s new Form 1099-K reporting rules. Do you sell goods or services and receive payment through a third-party settlement organization (TPSO)? If so, you must know the IRS’s new Form 1099-K reporting rules. https://www.pathwaycpagroup.com/blog/the-corporate-transparency-act-cta-is-upon-us monthly 0.5 2024-02-02 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/9e471cd9-75d7-4292-9fef-dc57e89e7508/Business+Forms.jpg Blog - The Corporate Transparency Act (CTA) is upon us. The CTA took effect on January 1, 2024. https://www.pathwaycpagroup.com/blog/health-insurance-deductions-for-s-corporations monthly 0.5 2024-01-30 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/2c7f69b0-7408-4412-a1f9-4de3530a3988/Health+Insurance.jpg Blog - Health insurance deductions for S-Corp businesses There are two important issues related to health insurance deductions for S-Corporations. https://www.pathwaycpagroup.com/blog/mileage-logs-how-crucial-are-they-for-business-tax-deductions monthly 0.5 2024-01-12 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/8308b228-1642-4639-a6f0-237d6f43dab2/Mileage+Log.jpg Blog - Mileage Logs: How crucial are they for business tax deductions? In most court cases, taxpayers lose vehicle expense deductions because they cannot present a credible business mileage log. https://www.pathwaycpagroup.com/blog/are-you-interested-in-becoming-a-commercial-or-residential-landlord monthly 0.5 2024-01-09 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/01da881b-12de-480b-9351-e0ff3eb41784/Vacation+-+Rental+Home.jpg Blog - Are you interested in becoming a commercial or residential landlord? If so, you’ll likely have to shell out plenty of money before ever collecting a dime in rent. The tax code treats some of those monies as start-up expenses. https://www.pathwaycpagroup.com/blog/the-corporate-transparency-act-cta-goes-into-effect-on-january-1-2024 monthly 0.5 2023-12-06 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/711274f3-4c66-4039-b03f-7637aa004ade/Business+Tax+Form.jpg Blog - The Corporate Transparency Act (CTA) goes into effect on January 1, 2024 No later than December 31, 2024, all non-exempt business entities must file a beneficial owner information report (BOI report) https://www.pathwaycpagroup.com/blog/the-first-stage-of-the-corporate-transparency-act monthly 0.5 2023-12-05 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/67c49fc8-c6b4-4a97-adee-c83bc8a5a2c4/Tax+Forms.jpg Blog - The first stage of the Corporate Transparency Act (CTA) The first stage of the Corporate Transparency Act (CTA) goes into effect on January 1, 2024 https://www.pathwaycpagroup.com/blog/converting-a-personal-vehicle-to-business-use monthly 0.5 2023-11-01 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/3ca61c80-1ee0-4ec8-a727-c086c181eeef/Daily+Driver.jpg Blog - Converting a personal vehicle to business use. If you can convert a personal vehicle to business use, you likely can increase your tax benefits. https://www.pathwaycpagroup.com/blog/natural-calamities-and-irs-tax-relief monthly 0.5 2023-10-30 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/e1ef6ab5-c9e6-4b05-ab7c-2aad4a05c673/Natural+Disaster.jpg Blog - Natural Calamities and IRS Tax Relief Recent natural calamities in various parts of our nation have caused considerable distress. Here are some crucial tax-related implications and preventive measures you may consider. https://www.pathwaycpagroup.com/blog/key-insights-into-depreciation monthly 0.5 2023-10-02 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/52441165-be89-41f9-b9bc-c656934157e7/Rental+Property.jpg Blog - Key Insights into Depreciation Here are some crucial insights into depreciation, particularly regarding business or rental assets. https://www.pathwaycpagroup.com/blog/critical-updates-on-the-pass-through-entity-tax-ptet monthly 0.5 2023-09-25 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/6303f5d5-831c-4acd-81dd-193ecda380bc/Pay+Taxes.jpg Blog - Critical Updates on the Pass-Through Entity Tax (PTET) We have some critical updates on the pass-through entity tax (PTET), which has recently become the rule in most states rather than the exception. https://www.pathwaycpagroup.com/blog/tax-benefits-of-repair-expenses-vs-improvement-costs monthly 0.5 2023-09-05 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/9f9c13aa-1e5a-4d63-9b39-71caeeedb5b0/Home+Renovation.jpg Blog - Tax Benefits of Repair Expenses vs. Improvement Costs. The tax law categorizes repair and improvement costs differently https://www.pathwaycpagroup.com/blog/how-to-document-expenses-during-business-travel monthly 0.5 2023-08-01 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/5b4fdedf-8fc9-4d6d-932e-01212e5d994d/Travel.jpg Blog - How to document expenses during business travel: Although not obligatory, keeping a timely record of your business travel expenses is essential. https://www.pathwaycpagroup.com/blog/strategic-insights-for-employing-your-spouse monthly 0.5 2023-08-01 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/edac676c-ed01-491c-89b7-76af5031f6c9/Working+spouse.jpg Blog - Strategic Insights for Employing Your Spouse Although not obligatory, keeping a timely record of your business travel expenses is essential. https://www.pathwaycpagroup.com/blog/tax-implications-when-shutting-down-a-c-corporation monthly 0.5 2023-07-28 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/7257a316-b284-485c-87a2-eaf63dfc2227/Closed.jpg Blog - Shutting Down a C Corporation There are several tax implications that you need to be aware of when shutting down a C corporation. https://www.pathwaycpagroup.com/blog/irs-issued-new-guidance-on-electric-vehicles monthly 0.5 2023-07-06 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/afa533b6-c393-4fde-a2db-fa7df3377fdc/Elec+Car.jpg Blog - The IRS recently issued new guidance on electric vehicles. There are four ways you can potentially benefit from a federal tax credit for an EV you place in service in 2023 or later https://www.pathwaycpagroup.com/blog/basic-estate-planning monthly 0.5 2023-06-01 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/fbfd2bf9-a2e0-4cd3-8fad-8dc846ba1979/Elderly+man.jpg Blog - Basic Estate Planning Without a will, state law dictates the distribution of your assets, which may not align with your intentions. https://www.pathwaycpagroup.com/blog/how-to-give-multiple-users-access-to-your-quickbooks-online-account-mzMig-1laFU monthly 0.5 2023-06-01 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/25bf8e02-3f06-4050-a142-754a82c255b5/Working+together.jpg Blog - Do You Need to Add Users in QuickBooks Online? QuickBooks Online allows you to give multiple users access to your account https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/f9553312-4427-44a4-879f-c18a72a8799e/QBO+Snippet+%28Manage+Users%29.jpg Blog - Do You Need to Add Users in QuickBooks Online? - Make it stand out Click the Manage users icon to add a new user to your QuickBooks Online account. https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/ad4bc3b0-64a2-46d1-a29b-5ef2a7cc11ca/QBO+Snippet+%28User%27s+access+rights%29.jpg Blog - Do You Need to Add Users in QuickBooks Online? - Make it stand out QuickBooks Online shows you what specific users’ access rights are. https://www.pathwaycpagroup.com/blog/holding-real-property-in-a-corporation-good-or-bad-idea monthly 0.5 2023-05-05 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/46f9f3f9-8347-4386-b55f-502b19e42a16/Real+Estate+2.jpg Blog - Holding Real Property in a Corporation: Good or Bad Idea? Investing in property may seem wise in the long run, but taxes can be a significant concern. https://www.pathwaycpagroup.com/blog/why-you-should-be-using-tags-in-quickbooks-online-and-how-to-create-them monthly 0.5 2023-05-05 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/85f3335d-e328-4d24-acc3-de5c80aa7c87/Working+online.jpg Blog - Why You Should Be Using Tags in QuickBooks Online, and How to Create Them. Classes and categories have their place in QuickBooks Online transactions. Tags add another way to track your financial data. https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/fa827bde-da96-41c3-ae97-9635e674de6e/QBO+Tags.jpg Blog - Why You Should Be Using Tags in QuickBooks Online, and How to Create Them. - Make it stand out Once you’ve created a group, you can start adding tags. https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/16ffaf25-1318-425d-ad36-85d7c2ee0a7b/QBO+Tags+2.jpg Blog - Why You Should Be Using Tags in QuickBooks Online, and How to Create Them. - Make it stand out You can add tags to any transaction that contains a field for them. https://www.pathwaycpagroup.com/blog/helicopter-view-of-2023-meals-and-entertainment monthly 0.5 2023-04-05 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/93efb2b2-b441-4ea1-be71-1fa282b10d1c/Business+Meals.jpg Blog - Helicopter View of 2023 Meals and Entertainment Deduction There have been some major changes to the business meal deduction for 2023 and beyond. https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/a1666654-c483-4f6a-8d06-2351d8329629/Deductions+Table.JPG Blog - Helicopter View of 2023 Meals and Entertainment Deduction - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.pathwaycpagroup.com/blog/send-tax-documents-correctly-to-avoid-irs-trouble monthly 0.5 2023-03-31 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/558f8caa-1fff-4ae7-b168-9bf49cddbd65/Letter+Box.jpg Blog - Send Tax Documents Correctly to Avoid IRS Trouble If you must file a physical document with the IRS, don’t use regular U.S. mail, Priority Mail, or Express Mail. https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/559e159d-591b-4159-b4b1-aa439ef77a99/Receipt.jpg Blog - Send Tax Documents Correctly to Avoid IRS Trouble Make sure to keep your receipt. https://www.pathwaycpagroup.com/blog/putting-off-income-tax-preparation-because-you-are-unsure-of-some-issues monthly 0.5 2023-03-27 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/2ee65593-c873-40d9-b514-e6adad393422/scott-graham-OQMZwNd3ThU-unsplash.jpg Blog - Haven't Finished 2022 Taxes?: 6 Things to Consider The closer you get to that April 18 deadline, the harder it will be to get help if you need it. https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/efa6bd2c-4b62-400a-baf1-2b00e38112f5/Dependent+form.jpg Blog - Haven't Finished 2022 Taxes?: 6 Things to Consider - Make it stand out The IRS’ definition of “dependent” is broader than you probably think. https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/606be9ab-356f-47c3-889c-2f74ca96ade3/Form+8936.jpg Blog - Haven't Finished 2022 Taxes?: 6 Things to Consider - Make it stand out You’ll need to file a Form 8936 to claim the Qualified Plug-In Electric Drive Motor Vehicle Credit. https://www.pathwaycpagroup.com/blog/do-you-owe-self-employment-tax-on-airbnb-rental-income monthly 0.5 2023-02-03 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/4a8c426a-22dc-45d8-b6d8-016a3975d6a7/Rental.jpg Blog - Is Airbnb Rental Income Subject to Self-Employment Tax? - Do you owe self-employment tax on Airbnb rental income? https://www.pathwaycpagroup.com/blog/are-you-using-the-right-business-structure monthly 0.5 2023-01-02 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/6e4382fc-a0c4-4929-bc16-a167f33a5b04/scott-graham-5fNmWej4tAA-unsplash.jpg Blog - Are You Using the Right Business Structure? The business entity you choose has a great impact on your taxes and liability. Choose wisely. https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/090b4fa0-120f-46ec-87b6-f970701a795f/Sch+C+snippet.jpg Blog - Are You Using the Right Business Structure? - Make it stand out Sole proprietors file a Form 1040 or 1040-SR and a Schedule C, in addition to any other needed forms and schedules. https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/f8256e39-7665-4c1f-a308-4e1774426506/1120+snippet.jpg Blog - Are You Using the Right Business Structure? - Make it stand out Corporations must file an IRS Form 1120 or 1120-S, along with other forms and schedules. https://www.pathwaycpagroup.com/blog/iras-for-kids monthly 0.5 2022-12-22 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/19b55bb3-ccd4-4263-ab85-d66ee8b5de94/Savings+3.jpg Blog - IRAs for Kids Here’s what you need to know about IRAs for kids. https://www.pathwaycpagroup.com/blog/buying-new-home-what-is-tax-deductible monthly 0.5 2022-11-01 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/444523d3-2072-473d-82d7-612309f0598d/Real+Estate+-+House.jpg Blog - Buying a New Home? What's Tax Deductible? Yes, you’re taking on a big debt, but you may be eligible for income tax deductions and credits. https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/25536678-ba00-4464-bd23-5d32c999bb47/Mortgage+Interest+Snippet.jpg Blog - Buying a New Home? What's Tax Deductible? - Make it stand out You should receive a mortgage interest statement from your lender if you pay more than $600 during the tax year. You’ll use this information to complete a Schedule A: Itemized Deductions, as pictured above. https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/f12dcdb7-7fe4-408b-a570-74ca253dfce3/Residential+energy+credits+snippet.jpg Blog - Buying a New Home? What's Tax Deductible? - Make it stand out Beginning with the 2023 tax year, the limits for residential energy credits will be increased, thanks to the new Energy Efficient Home Improvement Credit. https://www.pathwaycpagroup.com/blog/new-fincen-filing-requirement-coming monthly 0.5 2022-10-03 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/d54407b1-092d-4e89-a1eb-09dc27e828f7/Business+Tax+Form.jpg Blog - Alert: A Massive New FinCEN Filing Requirement Is Coming - Coming Soon! The CTA goes into effect when the proposed regulations become final, which is expected to occur sometime in mid-to-late 2022. https://www.pathwaycpagroup.com/blog/new-mileage-rate monthly 0.5 2022-10-03 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/1fc43bf3-993b-4fc0-b41e-8477e05f9253/ke-vin-GT3RJuMQ2ZM-unsplash.jpg Blog - New 62.5 Cents Mileage Rate The IRS noticed that average gas prices across the United States exceeded $5.00 a gallon and took action. https://www.pathwaycpagroup.com/blog/health-savings-account monthly 0.5 2022-09-01 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/0eb16ec2-e34d-4df3-9b75-ff15d923581f/Savings+2.jpg Blog - Health Savings Accounts: The Ultimate Retirement Account - Personal finance experts estimate: An average retired couple age 65 will need at least $300,000 to cover health care expenses in retirement. https://www.pathwaycpagroup.com/blog/sell-exchange-crypto-virtual-currency monthly 0.5 2022-10-05 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/3cc39586-fe3e-4591-a5e7-269d54e03a9f/Crypto.jpg Blog - The IRS Wants to Know about Your Crypto At any time during 2021, did you receive, sell, exchange, or otherwise dispose of any financial interest in any virtual currency? https://www.pathwaycpagroup.com/blog/inflation-reduction-act-affect-income-taxes monthly 0.5 2022-08-26 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/d5dacc47-1f7a-4c40-b0d6-9f94699d85f6/alexander-grey-rItGZ4vquWk-unsplash.jpg Blog - Will the Inflation Reduction Act Affect Your Income Taxes? - It depends. It depends. Major provisions in the new law translate into green energy credits for your home and vehicle. https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/33869e9d-27d4-42fb-a738-3556e1d0c48e/Nonbusiness+Energy+Property+Credit+-+Snippet.jpg Blog - Will the Inflation Reduction Act Affect Your Income Taxes? - Make it stand out The Nonbusiness Energy Property Credit was discontinued at the end of 2021 but has been reinstated for the 2022 tax year. https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/3879ee48-a219-4d04-878b-174891c57b51/Form+8936+Elec.+Vehicle+Snippet.jpg Blog - Will the Inflation Reduction Act Affect Your Income Taxes? - Make it stand out IRS Form 8936 for the 2021 tax year https://www.pathwaycpagroup.com/blog/consider-home-office monthly 0.5 2022-08-22 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/f192d7ff-e870-43f3-b47a-61bbf6c6aa85/Home+Office.jpg Blog - Should You Consider Claiming the Home Office Deduction? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/bb5d1685-4043-492c-9e64-1cdedecc5c71/8829+snippet.jpg Blog - Should You Consider Claiming the Home Office Deduction? - Make it stand out To claim the home office deduction, you’ll need to file an IRS Form 8829 along with your Schedule C. https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/d3482db0-1b92-4890-97fe-117636eeece6/Expenses+snippet.jpg Blog - Should You Consider Claiming the Home Office Deduction? - What Can You Deduct? Determining your home office deduction is much more complicated if you use the Actual Expenses method. https://www.pathwaycpagroup.com/blog/vacation-home-rental monthly 0.5 2023-01-23 https://images.squarespace-cdn.com/content/v1/614c8119f03fa9435ecae8e9/5597f4e2-0747-48b7-93e6-11a2536203ec/Vacation+Home.jpg Blog - Tax Implications When Your Vacation Home Is a Rental Property - Vacation Home or Rental Property? 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