When most people think about filing taxes, the idea of claiming illegal income likely doesn’t come to mind. However, it's a critical part...

Many people, my parents included, get so excited when they receive a hefty tax refund. They consider it a bonus—extra money that can be...

Here at ABA Tax Planning, we love our furry staff members - we even incorporated one of them into our logo! As a result, we attract a lot...

If your business requires employees to travel, you’ve likely encountered the choice between paying a per diem or reimbursing actual...

Growing up my mom would always tell me that when someone made fun of me or was mean to me that they were doing that because they were...

When tax season rolls around, many individuals and business owners rush to get their returns in order. Amid the hustle, one of the most...

You may have heard about the recent Chase Bank check fraud “glitch” in which a social media trend encouraged people to write a check for...

This blog post may be a little more spicy than most because it involves yet another change caused by the Tax Cuts and Jobs Act.  A little...

How many times have you heard someone lament that their hard earned paycheck is going towards the welfare of criminals?  As a supporter...

Recently I moved to southern California to attend law school and classes began this week.  The first week of law school, there is a heavy...

In an era where identity theft is becoming increasingly sophisticated, the IRS is assigning more Identity Protection PINs to at risk...

In the world of business, debt can be a double-edged sword. On one hand, it provides the capital needed for growth and expansion. On the...

Many people get part-time seasonal jobs during the summer months.  Summer jobs are a great way for students and young adults to gain work...

Enacted in December 2017, the TCJA brought significant changes to the U.S. tax code, impacting individuals, businesses, and the overall...

When I first started filing tax returns, I barely had to worry about foreign income reporting. The most common thing I would see was...

What?! You mean all those tax TikTok influencers are wrong? Everything you read on the internet isn’t actually true? Yes, that’s exactly...

Obviously, I can’t identify EVERY deduction available in one blog post.  What you are allowed to deduct on your tax return is dependent...

My clients always wonder why I stress so much about getting the information I need to file their 1099s and it’s because the penalties for...

For children who are claimed as dependents for child tax credit purposes, knowing whether or not they need to file a return if they have...

A lot of changes are happening in 2024 and, as a result, I’ve been cutting back some on the tax preparation side of the business. After...