Nov 14, 2022 | Finances, Planning, Taxes
Social Security to See Significant Adjustment for 2023 Your 2023 Social Security Benefits Find out how your benefits have changed Average Retirement Benefits Starting January 2023 All workers in 2022: $1,681/mo All workers in 2023: $1,827/mo (+$146) The 2023 maximum...
Oct 18, 2022 | Finances, Planning, Taxes
Still Time to Reduce any Tax Surprises! Consider conducting a final tax planning review now to see if you can still take actions to minimize your taxes this year. Here are some ideas to get you started. Review your income. Begin by determining how your income this...
Aug 14, 2022 | Finances, Taxes
Understanding Tax Credits Versus Deductions Tax credits are some of the most valuable tools around to help cut your tax bill. But figuring out how to use these credits on your tax return can get complicated very quickly. Here’s what you need to know....
Jul 22, 2022 | Planning, Taxes
Watch for These Tax Surprises Our tax code contains plenty of opportunities to cut your taxes. There are also plenty of places in the tax code that could create a surprising tax bill. Here are some of the more common traps. Home office tax surprise. If you deduct home...