Recent Blog Posts

Newsletter September 19th 2018

Tax Deductions Even If You Don’t Itemize One of the biggest changes the new tax law brings is a near doubling of the standard deduction to $12,000 on single returns, $18,000 for head-of-household filers and $24,000 on joint returns … up from $6,350, $9,350 and $12,700 in 2017 … Kiplingers The …

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September 12th, 2018 Newsletter

Statute Of Limitations Can Sometimes Hurt Taxpayers The statute of limitations can be a beautiful thing. After three years or maybe six years, you no longer have to worry about a mistake or an aggressive position on your tax return being challenged. After ten years from an assessment you … Forbes …

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September 5th, 2018 Newsletter

The Tax Benefits of Having a Spouse If you are married and file a joint tax return, your federal tax rate may be lower than that of an unmarried individual. In fact, many areas of U.S. tax law are written to provide married couples with greater benefits than those received … …

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August 29th, 2018 Newsletter

Why Reviewing Your Tax Strategy Makes Financial Sense Decrease taxes to increase profitability. Sounds like common sense, right? Well, in my experience, it isn’t when it comes to entrepreneurs and their businesses. Despite not liking taxes and wanting to pay less of them, many entrepreneurs’ … Forbes How does an entrepreneur …

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August 22nd, 2018 Newsletter

New Tax Rates Could Defuse Your ‘Tax Time Bomb’ If 401(k)s and IRAs make up the majority of your retirement savings, with today’s lower tax rates, it could make sense to steer more of your money into Roth accounts or properly structured and funded life insurance policies. Financial advisers … Kiplingers …

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Newsletter August 15th, 2018

Ways for Everyone to Save Under the New Tax Law We’re living in a new tax world now, thanks to the overhaul passed by Congress last year. A number of breaks bit the dust, but some new ones were introduced as well. Your 2018 return will be the first to …

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August 8th, 2018 Newsletter

Taxpayers May Owe In 2019 Due To Insufficient Withholding It’s 2018: Do you know what your tax rate looks like? The Tax Jobs and Cuts Act (TCJA) was signed into law last year, with the promise that most taxpayers would get a tax break. However, the General Accounting Office (GAO) …

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August 1st, 2018 Newsletter

10 Money-Smart Reasons to Amend Your Tax Return If you discovered that you missed taking valuable deductions or tax credits in the past, you have up to three years after the tax-filing deadline to file an amended return. Now’s the time to look back over your returns from 2015, 2016 … …

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July 25th, 2018 Newsletter

6 Tax Breaks for College Costs Several tax breaks can ease the financial blow of college costs, whether you’re saving to send your kids to college, paying tuition bills for a child or yourself, pursuing graduate work, or repaying college loans. And some new tax laws have … Kiplingers How a …

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Jul 18th, 2018 Newsletter

5 Tax Tips for 2018 — and Beyond The year 2018 brought a host of changes to the tax code, leaving countless filers just as confused as they were under the old version. Here are a few tips that will help you lower your IRS bill and avoid tax-related hassles …

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