Recent Blog Posts

Tax Tips

March 11th, 2020 Newsletter

4 Smart Tax-Saving Money Moves Done your taxes? Check. Here are four ways to save taxes for the rest of the year—and maybe much longer. GIVE YOUR IRA A SECOND WIND: Effective January 2020, Congress made a bunch of changes to the rules governing retirement … Forbes Overlooked tax deductions and …

Read Post

February 26th, 2020 Newsletter

What Taxes Will I Owe In Retirement? I recently spoke with a prospective client who was adamant that he would not have to pay taxes in retirement. He read and printed an online article which indicated, “You will not owe these taxes in retirement.” That myth was … Forbes Work in …

Read Post

February 19th, 2020

Tax Changes and Key Amounts for the 2020 Tax Year Although you’re probably focused on filing your 2019 tax return right now, it’s never too early to start thinking about next year’s return. Proper tax planning requires an awareness of what’s new and changed from last year … Kiplinger Why a …

Read Post

February 12th, 2020 Newsletter

Back-From-the-Dead Tax Breaks for Your 2019 Return There’s a handful of tax breaks you may have heard about that keep coming back from the dead like zombies. In the tax world, they’re collectively referred to as “tax extenders”—every time they expire, Congress jumps in and … Kiplinger Choosing the Right Business …

Read Post

January 29th, 2020 Newsletter

Important IRS Tax Due Dates and Deadlines What does the IRS do if you miss a tax deadline? They hit you hard with penalties and interest. For instance, the standard penalty for failing to file your annual tax return on time is 5% of the amount due for each month … …

Read Post

January 22nd, 2020 Newsletter

Due Dates For Tax Forms The Internal Revenue Service (IRS) will begin accepting paper and electronic tax returns on January 27, 2020. That means that tax forms used to prepare returns may already be in the hands of taxpayers, or they are on their … Forbes IRS exempts some forgiven student …

Read Post

January 15th, 2020 Newsletter

Frequently Overlooked Tax Deductions After the sweeping new federal tax law took effect in January 2018, about 90% of taxpayers took a standard deduction for that tax year rather than itemize, up from about 70% the year before. But if you are planning to take … Bottom Line, Inc How Early …

Read Post

January 1st, 2020 Newsletter

10 Tax Breaks for the Middle Class If you believe that tax breaks are only available for hedge fund managers and companies with offshore subsidiaries, you’re probably paying too much to the IRS. The fact is that lawmakers have enacted dozens of tax incentives … Kiplinger Avoid an Audit by Knowing …

Read Post

December 18th, 2019 Newsletter

How to File Your Child’s First Income Tax Return As your child moves toward adulthood, you face several milestone decisions. In each case, part of the decision involves a desire to help your child become more independent and responsible. But one milestone you may … Investopedia The Most-Overlooked Tax Breaks for …

Read Post

December 11th, 2019 Newsletter

10 Surprising Things That Are Taxable If you work for a living, you know that your wages are taxable, and you’re probably aware that some investment income is taxed, too. But the IRS doesn’t stop there. If you’ve picked up some extra cash through luck, skill or … Kiplinger How to …

Read Post