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...
Newsletter October 21, 2021
Tax Credits for Energy-Efficient Home RenovationsTwo federal income tax credits reward energy-efficient home improvements very differently. Which credit you use depends on the improvements you make. Under federal tax law, new energy-efficient windows and doors don't...
Small business owners should see if they qualify for the home office deduction
Many Americans have been working from home due to the pandemic, but only certain people will qualify to claim the home office deduction. This deduction allows qualifying taxpayers to deduct certain home expenses on their tax return when they file their 2021 tax return...
Independent contractor vs employee?
WASHINGTON — During National Small Business Week, the Internal Revenue Service reminds business owners that it’s critical to correctly determine whether the individuals providing services are employees or independent contractors. An employee is generally considered to...
Newsletter September 15, 2021
End-of-the-Year Income Tax ChecklistEvery year we hear about the same old things we should do by Dec. 31 to save money on our taxes the following April. In this article, we'll address some items you should think about prior to Dec. 31 and provide some...
News Letter September 1, 2021
Tax Tips Before Your Income Blows UpAs entrepreneurs, we dream of making it BIG. We hone our skills for years, and sometimes go through 2, 3, 4 or more iterations of our business before it starts gaining traction, all while dreaming of the day that we’ll make …Forbes...
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