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Tax Planning

Tax Credits vs. Deductions: What’s the Difference? - Traxion Tax

Tax Credits vs. Deductions: What’s the Difference?

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Tax credits and deductions are two significant ways individuals can minimize their tax liability before Tax Day. However, while the two are often compared and…

What You Need to Know About Filing Form 8821 - Traxion Tax

What You Need to Know About Filing Form 8821

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Suppose you’ve heard of a power of attorney before or had to execute one. In that case, you will know that these documents are usually reserved…

What Is Form 2848 and 8821: Power of Attorney - Traxion Tax

What Is Form 2848 and Form 8821?

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When deciding to work with a tax professional, you must grant the proper authority to not only represent you in tax matters but also authorize…

Tax Representatives: EA vs CPA vs Tax Attorney - Traxion Tax

Tax Representatives: EA vs CPA vs Tax Attorney

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Taxes are complicated. There are hundreds of code notices and dozens of forms, and the more self-sufficient you are, the more complicated it gets. Do…

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