As 2024 draws to a close, it’s an ideal time to take proactive steps to minimize your tax burden. By shifting income and making strategic moves before year-end, you can reduce your taxable income and…

Tax season can feel overwhelming with documents arriving from employers, financial institutions, and others. As tax time approaches, here is a list of important documents to keep organized: W-2s and 1099-NECs Ensure you receive W-2s…

January 1, 2025 – ON HOLD Deadline to file initial beneficial ownership information (BOI) for reporting companies created or registered prior to January 1, 2024. [Update: FinCEN’s BOI requirements were suspended in early December, reinstated…

A timely knowledge of this definition is pretty important. If you have problems getting to sleep at night and you turn to the IRS tax code for help, you might find some vocabulary that is…

With the Tax Cuts and Jobs Act (TCJA) from 2018 set to expire at the end of 2025, significant tax changes are on the horizon. Here’s what you need to know and plan for: Tax…

Money is a leading cause of stress in relationships. Here are some tips to avoid conflict: Be Transparent Share your financial status openly. Knowing each other’s debts, income, and assets prevents surprises and conflicts. Discuss…

Life changes can significantly impact your taxes. Whether you’re entering a new stage in life, making financial decisions, or adjusting to new circumstances, understanding how these changes affect your taxes is crucial. Here are situations…

Fall 2024 Tax Deadlines September 16, 2024 Third quarter individual estimated tax payments for 2024 are due. Filing deadline for extended 2023 S-corporation and partnership returns. October 15, 2024 Filing deadline for extended 2023 individual…