by Mary Philipps | Dec 2, 2021 | Bookkeeping, CFO Services, Small Business, Taxes, What is Hot
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,...
by Mary Philipps | Oct 25, 2021 | Bookkeeping, CFO Services, Small Business, Taxes, What is Hot
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...
by Mary Philipps | Oct 21, 2021 | Bookkeeping, CFO Services, Small Business, Taxes, What is Hot
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...
by Mary Philipps | Aug 27, 2021 | Bookkeeping, CFO Services, Small Business, Taxes, What is Hot
Marriage? Give Me A (tax) BreakSo, I hear you got married. Congrats! And you’re filing your taxes jointly for the first time, and want to know more about how to do that! Is that right? Just so you know, you don’t have to file jointly, but those romantics at...
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