Federal Tax, Tax

The Tax Implications of Common Summer Activities

Summer isn’t tax season but it’s a season when some common activities have tax implications. If you get married, you should notify the IRS and Social Security Administration about any name or address changes. If you’re sending your kids to day camp, depending on the details, you may qualify for the Child and Dependent Care Credit. If you’re spending the warm days fixing up your home, the Energy Efficient Home Improvement Credit can help cover the costs of replacing windows, doors and heating and air conditioning systems. And the Residential Clean Energy Credit may be available for solar, wind and other sustainable energy projects. To learn more: https://bit.ly/3xTIGXE  or  contact the Cg Team with questions. © 2024