Happy New Year to all of my friends and clients. In order to address the [...]

2013 Tax Letter

Happy New Year from everyone here at McCormick Tax Group, LLC. I hope your holidays [...]

Everything You Need to Know About Making Federal Tax Payments

If you need to make a payment with your tax return this year, the IRS [...]

Tax Rules May Affect Your Child’s Investment Income

Parents may not realize that there are tax rules that may affect their child’s investment [...]

Six Facts About the Alternative Minimum Tax

The Alternative Minimum Tax (AMT) has been hitting more and more of my clients so [...]

Deductible Business Expenses

Some employees may be able to deduct certain work-related expenses. The following facts from the [...]

Six Facts for Adoptive Parents

I am finding that more and more of my tax clients are adopting. If you [...]

10 Things to Know about Capital Gains and Losses

Did you know that almost everything you own and use for personal or investment purposes [...]

Four Tips on Unemployment Benefits

Unemployment can be stressful enough without having to figure out the tax treatment of the [...]

Taxable or Non-Taxable Income?

This time of year I field a ton of calls on whether certain income is [...]

Five Tips for Recently Married or Divorced Taxpayers with a Name Change

If you changed your name after a recent marriage or divorce, you need to take [...]

New Tax Developments From Q4 2011

During the fourth quarter of 2011, there were many important federal tax developments. I would [...]

Getting Ready to File for 2011!

Greetings all. Well I can tell by the emails and calls I have received lately [...]

How do I know if I have to file a tax return?

Happy New Year. With the new year comes the beginning of tax season 2012. I [...]

Planning for College & Tax Implications

With the year-end approaching many clients have been asking about college savings and its effect [...]

Top Ten Business Expenses

I hope you all had a wonderful Thanksgiving. I am very thankful that I have [...]

Quick Tax Tips

Over the next couple weeks I am going to use the blog to highlight some [...]

Year End Tax Planning

I always appreciate feedback from clients. Lately many of my clients have said that they [...]

Three Ways to Pay Your Federal Income Tax

If you owe taxes but can’t pay the full amount by the April 18 deadline [...]

Ten Things to Know About Tax Refunds

Are you expecting a tax refund this year? Here are 10 things to know about [...]