You have probably been hearing a lot of talk about possible tax law changes lately. Considering all the changes that we’ve had over the last two years, this year may be as important as ever for good tax planning, especially with the likelihood of future tax rates...
Getting your tax documents together to send to your tax preparer can be overwhelming, but we can help! One of the most common questions we are often asked is, “What documents are needed for individual tax returns?”. Below is a list of some basic...
Tax planning is the process of managing your financial plan with the goal of reducing your tax liability and safeguarding assets at the federal and state level. Most tax planning involves deductions, credits and current vs. future tax rates. When tax planning, you...
Unsure how to make your upcoming estimated tax payment? Here’s how. Most folks don’t like to pay taxes, nor pay them quarterly, especially if they’re experiencing economic hardships due to COVID-19. However, you don’t want to end up paying...
I’d be willing to bet that most small business owners don’t wake everyday excited and ready to conquer their books. Perhaps, if you’re like most entrepreneurs, balancing your business accounts is often ignored and becomes a sensitive subject, a...
