Reminder: Third Quarter Estimated Taxes Due
Make your estimated tax payment now If you have not already done so, now is the time to review your tax situation and make an estimated quarterly tax payment using …
Avoid Tax Traps with Loans to Friends and Family
Lending to friends and relatives can be tricky, and not only because of the stress, it can place on your relationships. There are tax issues involved as well. If you …
The $24,000 Tax Time Bomb
A key lesson within EVERY tax surprise What follows is a true story. A story with a sad ending. But one that has a lesson for everyone. Stick with the …
The Marriage Penalty: Alive and Well in the Tax Code
Couples filing jointly still get the short end of the stick There are a lot of positive things about getting married, but the IRS’ marriage penalty isn’t one of them. …
You Owe Us, Not Them!
State tax authorities clamp down If you work remotely in another state or are thinking about changing your residence from one state to another, you may be caught in the …
The Tax Impact as Your Children Grow Up
Prepare now for potential income tax hits As your children grow older, you can easily be surprised by a larger tax bill. To help ease the possible burden, consider these …
Tax Planning with Mutual Funds
Ten ideas to maximize the benefits of your investments Mutual funds benefit from the long-standing belief that they allow investors to diversify their holdings without buying individual stocks. But to …
Reminder: Second Quarter Estimated Taxes Are Due
Now is the time to make your estimated tax payment If you have not already done so, now is the time to review your tax situation and make an estimated …
Don’t Lose Your Refund!
The tax filing due date often brings a sigh of relief to most taxpayers. Unfortunately, every tax day also closes the window on the ability to claim a refund. According …
A Letter from the IRS!
What steps you should take If you receive a notice from the IRS, do not automatically assume it is correct and submit payment to make it go away. Because of …