At XOA TAX, we often guide business owners through the complexities of transferring real estate out of their S corporations. This is a multifaceted area with potentially significant tax implications.…
Starting a private practice as a therapist is an exciting journey, filled with the rewards of helping others and building your own business. However, it's important to be prepared for…
At XOA TAX, we often get questions about W-4s, especially the "exempt" status. It sounds pretty great, right? No taxes withheld from your paycheck! However, claiming exempt when you shouldn't…
The Residential Clean Energy Credit, established by the Inflation Reduction Act (IRA) of 2022, has been a game-changer for homeowners seeking to invest in clean energy solutions. This valuable credit…
Life throws curveballs. Sometimes, those curveballs can significantly impact your finances, leaving you struggling to meet your tax obligations. Whether it's a job loss, a failed business venture, or losses…
Divorce or separation adds another layer of complexity to tax season. At XOA TAX, we often hear from clients who are unsure how to navigate the Child Tax Credit (CTC)…