The Internal Revenue Service (IRS) began to officially accept and process tax returns on January 29, 2024. Therefore, as the April 15 deadline approaches, it’s an excellent time to take stock of your annual returns and determine if there are any opportunities to save money and time.  Tax planning and preparation is a continual initiative....Read More

The importance of tax planning cannot be understated. Therefore, it’s essential to keep strong financial records all year long. The beginning of a new year marks an opportunity to get a jump-start on tax planning and preparation initiatives that will make the months ahead easier.    There are varying tax law changes on the horizon and...Read More

There is a wealth of options when it comes to tax planning strategies for college students, which can start years before a child starts filling out their college applications. Tax planning and preparation can go a long way to lighten the financial burden of a college education. We will also explore different options, like tax-free...Read More

With the easing of the global pandemic coupled with a rise in inflation, 2022 saw several broad financial changes that naturally resulted in changes to Americans’ annual taxes. Some of these changes were beneficial. For example, a shift in the tax brackets due to inflation or an increase in the standard deductions. Additionally, other changes...Read More

The end of January marks the beginning of the tax preparation and planning season. There have been several noticeable changes that taxpayers should know before they start to collect and submit their paperwork. Some things to look out for are form changes, new tax brackets, and more. Here’s a sample of the new-in-2022 things to...Read More

Since the start of the Coronavirus pandemic, more and more Americans have abandoned a traditional 9-to-5 office job lifestyle. Instead, millions of people have used the rise of home offices, Zoom meetings, and remote work capabilities to follow their own paths. This includes starting a business, becoming an independent contractor, or simply picking up a...Read More

Tax planning and preparation can be a hassle for anyone. Tax season sometimes is an exhausting time to think about, and it is a dreaded time of the year for many. However, did you know your life could be made easier by using tax planning services? We are here to tell you how. By following...Read More

Welcome to the world where tax and real estate are both combined and tricky to navigate. It doesn’t always have to be like that, though, especially when you understand what you are getting yourself into. We could run through all the numbers and rates to get technical. However, let’s focus on the details that may...Read More

Will I be paying taxes when I retire? It’s a question you should definitely be considering. This is where being smart about tax planning for retirement comes into play. You can enjoy your golden years without the worry of paying taxes and preserve your life’s savings to continue living in comfort. The secret lies in...Read More

With tax season approaching, we thought it was as good a time to discuss tax planning. In general, tax planning is not an easy feat, especially for a business owner. Just thinking about figuring out tax credits, tax liabilities, capital gains taxes and more sends many people into  panic. There is a lot more information...Read More