You are here

Home

Blog

Essential Estate Planning Documents

Submitted by Debra Rodway on Mon, 2024-11-04 14:24

 

Estate planning is a critical part of preparing for the future. No matter your age or financial situation, having the right documents in place ensures that your wishes are honored, and your loved ones are cared for when you’re no longer around. At its core, an estate plan includes several key documents: wills, trusts, powers of attorney (POAs), and living wills. Let’s break down each of these essential components.

 

Beware of Fake Charities

Submitted by Debra Rodway on Mon, 2024-11-04 14:04

 

2025 Tax Year Updates and Changes

Submitted by Debra Rodway on Fri, 2024-11-01 14:06

 

The IRS has announced its annual inflation adjustments for the 2025 tax year, which will impact the taxes you will file in 2026. These updates, outlined in Revenue Procedure 2024-40, cover more than sixty tax provisions. Below are key changes you should be aware of.

National Preparedness Month: Essential Taxpayer Steps for Natural Disaster Readiness

Submitted by Debra Rodway on Fri, 2024-09-27 16:07

 

As September brings peak hurricane season and heightened wildfire risks, the IRS urges taxpayers to create or update their emergency preparedness plans for 2024. National Preparedness Month is the perfect time to ensure you are equipped to handle potential disasters by safeguarding key documents, documenting your assets, and knowing how to access critical information in an emergency.

End-of-Summer Tax Checkup

Submitted by Debra Rodway on Wed, 2024-09-25 15:49

 

Why You Should Revisit Your Tax Withholdings 

As the summer draws to a close, the IRS is encouraging taxpayers to take a proactive step: review your tax withholdings or payments now to avoid surprises during next year’s tax season. It is easy to put off thinking about taxes, but making necessary adjustments now can save you from stress—and potential penalties later. 

A Guide to Home Office Deductions

Submitted by Debra Rodway on Thu, 2024-08-29 13:41

 

Working from home has become increasingly common, and with it, the need to understand the tax implications of using your home for business purposes. This guide will help you navigate the requirements and benefits of claiming home office deductions.

 

Qualifying for Home Office Deductions

To take a business deduction for home office expenses, your home must be used under one of the following scenarios:

more

Tax Tips, Resources & News

Our blog, news feeds, forms, and links to helpful resources are provided to help you find the answers you seek any time of the day or night.

Please call us at 330-779-0781 for assistance.  We're here to guide you through your business and personal accounting, tax questions and obligations.

Contact

DJL Accounting & Consulting Group, Inc.
1570 South Canfield-Niles Road #C102
Youngstown, Ohio 44515 

Phone:  330 779 0781

               

SECURE DOCUMENT UPLOAD

Click here to log in to Sharefile and securely upload your documents.

If you are new to Sharefile and need login credentials, call us at 330 779 0781.