by | Dec 12, 2016 | Accounting & Bookkeeping, Income Taxes, Personal financial planning
It is always a bit of a challenge with everything going on in your life to keep tax planning in your thoughts throughout the year. The good news is that if you work with an accountant he or she will typically send you newsletters or emails that will help you remember...
by | Dec 7, 2016 | Accounting & Bookkeeping, Cash Flow, Income Taxes, Personal financial planning
Many wage-earning taxpayers with children believe that their tax-planning opportunities are limited because they are not in business or don’t own rental properties. While they don’t have anywhere near as many options, there are still a number of strategies they...
by | Dec 6, 2016 | Accounting & Bookkeeping, Income Taxes, Small Business Owners
Do you have a plan for dealing with all the new taxes affecting business owners in 2016 and 2017? Make no mistake about it—the government is raising taxes to cover its excessive spending, and not managing your income taxes can cost you thousands of dollars per...
by | Dec 5, 2016 | Accounting & Bookkeeping, Books, Income Taxes
Every year millions of taxpayers overpay their income taxes because they failed to take a deduction they were legally allowed to claim. The biggest reasons for missed deductions are not knowing what deductions are available, and having a tax preparer who fails...
by | Oct 27, 2016 | Accounting & Bookkeeping, Current Affairs, Income Taxes
Every year on April 15th there is a TV news reporter down at the post office showing a rush of taxpayers trying to beat the tax filing deadline. Any experienced tax preparer looks at that scene and just knows that most of these last-minute tax filers are paying...
by | Oct 24, 2016 | Accounting & Bookkeeping, Income Taxes, Personal financial planning
Every year a large percentage of people get tax returns. Some get a lot and some just get a little, but what you choose to do with your return may have a big impact over time. Different individuals have different plans for the return, including going on a shopping...
