by Admin | Jun 18, 2022 | Individual Taxes, Tax Planning
Below are some factors individuals should do after getting married regarding their taxes: Name and address changes: Individuals who change their name after getting married should report their name change to the Social Security Administration ASAP. The name on...
by Admin | Jun 17, 2022 | Business Taxes, Tax Planning
By far, one of the biggest issues that most organizations face is and will always be cash flow. This is especially true when it comes to medical practices, which rely more heavily on customer invoicing than most. Getting a hold of your practice’s cash flow situation...
by Admin | Jun 16, 2022 | Individual Taxes, Retirement, Tax Planning
When Congress enacts tax laws, many times whether the law applies is based on the age of the taxpayer or a taxpayer’s dependent. Reaching a certain age sometimes provides a tax benefit, while in other cases there’s a tax “penalty” – meaning that a specific type of...
by Admin | Jun 14, 2022 | Individual Taxes, Tax Planning
Taxpayers often question how long records must be kept and the amount of time IRS has to audit a return after it is filed. It all depends on the circumstances! In many cases, the federal statute of limitations can be used to help you determine how long to keep...
by Admin | Jun 13, 2022 | Individual Taxes, Tax Planning
When discussing taxes, reading tax-related articles or trying to decipher tax form instructions, one needs to understand the lingo and acronyms used by tax professionals and authors to be able to grasp what they are saying. It can be difficult to understand tax...
by Admin | Jun 7, 2022 | Individual Taxes, Retirement, Tax Planning
Are you familiar with 401(k) retirement funds? More and more employers are offering 401(k) plans as an employee benefit, and if you have the option and are not currently taking advantage of it, it may be time to rethink your savings strategy. Not only do these popular...
