Newsletter March 25, 2022
Why Your Tax Refund Could Be Bigger This YearAt a time when many Americans are paying more for everything from gas to ground beef, tax refunds will provide much-needed cash for many families. And this year, those refunds could be particularly generous. Through the...
Newsletter January 13, 2022
Earn Side Income? Know This New Tax RuleA new rule by the Internal Revenue Service (IRS) changes the way third party network transactions are reported on Form 1099-K for self-employment income earned in 2022 and beyond. Form 1099-K is used to report...
Newsletter December 31, 2021
Overlooked Tax Deductions for the Self-EmployedThanks to the pandemic and the "Great Resignation," more people are leaving their traditional jobs and venturing out on their own. Self-employment can lead to more money, flexibility, control, or personal satisfaction,...
Newsletter: December 27th, 2021
Make Charity Gifts In A Tax-Smart WayA new law governing retirement plans, called the SECURE Act (Setting Every Community Up for Retirement Enhancement), went into effect last year. But there are still a lot of questions people have about the shifts. For help …Forbes...
Newsletter December 2, 2021
Tax Strategies for a Bonus or WindfallYes, it's inevitable: That cash bonus for a job well done can result in you paying a more significant chunk of money to the Internal Revenue Service (IRS). To start, the IRS considers bonuses to be supplemental wages,...
Newsletter November 30th, 2021
Beware of the Tax Traps in RetirementMore people are going to retire in the next 15 years than have ever retired in the history of our country. By 2030, the Census Bureau projects we’ll reach the first time that the United States will have more 65-and-older...
Newsletter November 27th 2021
The Best Ways to Lower Taxable IncomeHow to lower taxes is one of the most common financial planning concerns among individuals and business owners. The increased standard deductions under the Tax Cuts and Jobs Act (TCJA) provided tax savings for many (even...
Newsletter November 23rd
Child Tax Credit 2022The child tax credit for 2021 is bigger and better than ever. Enhancements made by the American Rescue Plan Act back in March increased the overall credit amount, allowed older children to qualify for the credit, made …Kiplinger Reduce your tax...
Newsletter October 25, 2021
Tax-Savvy Investment Strategies for Retirement AccountsWhile most people receive Social Security, a secure financial retirement depends on also having significant savings in a retirement account. Typically these savings must last nearly 20 years (assuming the average...
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