Under Prepaid 2018 Taxes Happens for Many Reasons for an IRS Tax Break
It’s true, 2018 was an interesting year with tax reform going into affect. It is comforting to know there is the potential for an IRS tax break. And, there are many reasons for under prepaid 2018 taxes. The IRS requires taxpayers to pre-pay their taxes for any tax year. This is requirement is through payroll withholding, estimated tax payments or a combination of the two. Employees and retirees generally accomplish this through withholding. And, self-employed individuals and those with investment income by paying quarterly estimated payments. Continue reading
Are You Ready for Tax Season? Time to Gather Your Information for Your Tax Appointment
We are aware of what it takes to get ready for tax season. Are you ready for tax season? Like most taxpayers, you have the overwhelming task of pulling together all the records for your tax appointment. This blog is Part 2 of Tax Time 2019 Is Around the Corner, and has additional suggestions as to how to get ready for tax season.
It’s Tax Time 2019, Time to Gather Your Information for Your Tax Appointment
When we say Tax Time 2019 is just around the corner, like most taxpayers, you are finding yourself with the massive chore of pulling together the records for your tax appointment. The difficulty of this task depends upon how well you maintained your tax records throughout the year. This is Part 1 of Tax Time 2019 is Around the Corner, Are You Ready? No matter how good your record keeping was, arriving at your tax appointment full and accurate tax information will give us more time to: Continue reading
Do you want to learn about 12 easy ways to get your personal finances in shape for 2019?
Yes, there really are 12 easy ways to get your personal finances in shape for 2019. It’s always a good idea to do an annual review of your personal financial habits. Regardless, whether you’re diligent about paying bills and saving or you’ve fallen behind and never opened a savings account. Everybody needs to re-evaluate from time to time, and there’s no time like the New Year. Continue reading