Reminder: Third Quarter Estimated Taxes Due- Make your estimated tax payment now
If you have not already done so, please plan to make your second quarter estimated tax payment. The due date [...]
September 2021
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 [...]
August 2021
The $24,000 Tax Time Bomb- A key lesson within EVERY tax surprise
Tax surprises come in many forms. But the cause is universal. Here is an example. from Hamilton Tax and Accounting [...]
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. from [...]
You Owe Us, Not Them!- State tax authorities clamp down
Suppose you work or retire in a new state with warm weather and lower taxes. If you keep a home [...]
The Tax Impact as Your Children Grow Up- Prepare now for potential income tax hits
As your children age, you can easily be surprised by a larger tax bill. To help ease the possible burden, [...]
July 2021
Tax Planning with Mutual Funds- Ten ideas to maximize the benefits of your investments
Want to get the most out of your investments? Here are ten great ideas. from Hamilton Tax and Accounting Weekly [...]
Understanding Tax Terms: Installment Sales
If you use an installment sale to help sell property, including real estate, you can benefit from tax deferral and [...]
Time for a Checkup- Are you withholding enough for your taxes?
This quick checkup will ensure you're not surprised when you file your income tax return. from Hamilton Tax and Accounting [...]
Borrowing Money from Your 401(k)- Good idea? …not so much
Many are dipping into their employer sponsored retirement plans using the lending feature. Unfortunately, many are later faced with a [...]