Those Pesky Records!- What do I need to keep?
Know when to hold them. Know when to toss them. Tax record retention basics can be found here. from Hamilton [...]
September 2021
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 [...]
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 [...]