Tips and information for tax planning and income taxes
As tax season approaches, it’s essential to understand how to make the most of your 2024 tax return. With a little planning, you can maximize your deductions, minimize your tax liability, and ensure you’re taking advantage of every available tax break. Whether you’re filing on your own or working with Read more…
Happy new year everyone! Soon, tax season for 2022 will be here, but there are several changes for this new year (2023) that will play out when you file your taxes in 2024. Several contribution limits have gone up and standard deductions are increasing. These are things you might want Read more…
Every year, lists circulate of the most-searched questions and terms on Google, Bing, Yahoo and other search engines. I always get a kick out of the off-the-wall things people type into search engines. Things like “why do men have nipples?” “am I a vampire?” and “do women fart?” have all Read more…
Addressing end-of-year loose ends with taxes As we near the end of the year, it’s a good time to reflect on the year you’ve had. What went well? What didn’t? What things might you change moving forward? The end of the year also represents an opportunity to think through any Read more…
Do you earn too much to invest in a Roth IRA? Do not fret, a backdoor Roth IRA can help you. The Roth IRA is a significant tool for wealth building. It allows you to contribute money annually (in 2021, $6000) in an after-tax manner. But, the bonus is that Read more…