Getting mail from the IRS can feel intimidating—but don’t panic. Most IRS letters are routine, and many simply require a response or...

Wondering if you can claim your child, niece, parent—or even a roommate—as a dependent on your tax return? You’re not alone! Here’s a...

Taxpayers face a looming deadline for several key tax benefits enacted under the Tax Cuts and Jobs Act (TCJA).

It is now a great time to think about how you can minimize your tax bill.

Now is an ideal time to assess your retirement contributions and ensure you’re making the most of any tax-saving opportunities.

his post will take a closer look at how the bunching strategy works, who it benefits most, and any potential drawbacks to consider.

High-net-worth individuals can benefit significantly from strategic year-end tax moves, but each of these techniques carries specific risks.

As 2024 approaches its end, small business owners should take strategic steps to optimize their tax position, enhance cash flow, and plan...

As 2024 draws to a close, now is the time to take proactive steps to optimize your tax situation. The right planning can help minimize...

At MKHS Tax Group, we’re committed to making the complex world of taxation more understandable, approachable, and beneficial for our...