Tax-Free Roth IRA Withdrawal Options- What every Roth IRA account holder should know
While Roth IRAs are funded in after-tax dollars, making a mistake on withdrawing funds could still subject you to tax [...]
August 2020 Client Update Newsletter
Get a head start on your tax planning by reading about four new laws to help you in 2020. Also [...]
Taxable or Not Taxable?- Some of these items may surprise you.
Here are nine areas of income that are often questioned by taxpayers regarding their taxability. Some items are taxable, others [...]
Understanding Tax Terms: Wash Sales- Surprise! Your stock loss is not deductible.
If selling a stock or mutual fund to book a loss for your tax return, the wash sale rules are [...]
Tax Surprises for the Newly Retired
Rebalancing your portfolio when you get older makes sense. So does anticipating for these possible tax surprises during your retirement [...]
Reminder: Estimated Taxes Due- Now is the time to make your estimated tax payment
If you have not already done so, please plan to make your 1st and/or 2nd quarter estimated tax payment(s). The [...]
Five Big Tax Mistakes- Don’t let them happen to you!
Every year thousands of taxpayers go through a gotcha with the IRS thanks to large, unexpected tax bills. Here are [...]
July 2020 Client Update Newsletter
Remember, July 15 is now the tax filing due date because of the pandemic! It also means you may have [...]
Deducting Summer Activity Expenses- Don’t forget to save receipts
The Child and Dependent Care Credit can be used to offset summer time care expenses for your qualifying dependents. These [...]
Tax Tips to Aid in Retiring Early- Don’t forget to look at the retirement specials on the tax menu
In an effort to assist in planning for retirement, there are a number of provisions in the tax code that [...]