Taxes: Knowing the Basics is Key

Taxes: Knowing the Basics is Key It’s the starting point to saving money Understanding how our tax system works can be tricky for anyone. Whether you’re an adult who never paid much attention to the taxes being withheld from your paycheck or a kid who just...

Your Home is a Bundle of Tax Benefits

Your Home is a Bundle of Tax Benefits There are many tax benefits built into home ownership. Here is a review of the most common. The home gain exclusion. When you sell an asset for a profit, it creates a taxable event. If the asset, though, is your primary residence,...

Multiple Jobs: Be Prepared for Tax Surprises

Multiple Jobs: Be Prepared for Tax Surprises Working more than one job can help maximize income, but also potentially create a tax surprise. Here are several be aware of: Social Security Surprise As a full-time employee, the most you’ll have to pay in Social...

2023 Form W-9 & 1099 Reminder

2023 Form W-9 & 1099 Reminder It is that time of year when you need to start preparing for issuing 1099-NECs and 1099-MISC. Early preparation assists you (or us if we are preparing on your behalf) in making sure your 1099s are prepared accurately and filed timely....

When to Call: Common Situations that Require a Tax Review

When to Call: Common Situations that Require a Tax Review Taxes can affect many areas of your life. Here are some common situations when you’ll want to schedule a tax review. Something changed in your life A change in your life could mean significant changes in...

Pull Your Property Taxes Back Down to Earth

Pull Your Property Taxes Back Down to Earth Higher property tax bills have accompanied the rising market values of homes over the past several years. If your property taxes have reached the stratosphere, here are some tips to knock them back down to earth. What is...