Considering converting your Traditional IRA into a Roth IRA? You’re not alone. Many of my clients are wondering if they should convert their IRA now and pay tax on the conversion this year, or wait till […]
The Smartest Way to Minimize Tax on a ROTH IRA Conversion Read More »
As an active CPA, I often stumble across forums and blogs on the internet with a plethora of misinformation that makes me want to bang my head against the wall. While this blog isn’t intended
3 Myths About Real Estate Taxation Read More »
Individuals should review their withholding and avoid having too little (or too much!) federal income taxes withheld from their paychecks. Nobody likes a surprise in April, so it’s best to review your withholding for the
Worried About Owing Taxes at Year-End? Read More »
The IRS mails millions of letters every year to taxpayers for a variety of reasons. Many of these letters are computer generated. It’s important to keep the following tips in mind if you are ever
How to Handle an IRS Letter Read More »
Being a parent can have its benefits. This is especially so during tax time. No, your kids will probably not help you sort through your tax receipts, but you can certainly claim some child-related tax
Child Related Tax Benefits For Reducing Your Tax Burden Read More »
Tapping into your 401(k) as if it were a rainy day fund should always be a last resort. Many individuals are not aware of the negative tax implications of an early withdrawal from a retirement
What Is The True Cost Of An Early Withdrawal From Your 401(k)? Read More »
It seems like every software company is moving to the cloud, cashing in on reoccurring revenue streams, and Intuit is no different. When QuickBooks Online was first released quite some time ago, the biggest issues
Deciding between QuickBooks Online and QuickBooks Desktop? Here’s What You Need to Know! Read More »
If you’re reading this post, you are probably wondering what tax documents you should be on the look out for, whether in your email inbox or in your postal mail box. While not exhaustive, below
This Giving Tuesday, remember that donations to eligible organizations, cash or non-cash, are tax deductible and may reduce your tax liability come spring filing season. Are you eligible to claim charitable donations on your taxes?
Reminder: Donations this Giving Tuesday May Help Reduce Tax Bills Read More »
President-Elect Trump declared in several interviews that lowering taxes is one of his top priorities. Those that are betting on him delivering this promise and passing reformation through a Republican controlled congress should consider deferring
Year-End Tax Moves – Speculating on President-Elect Trump’s Tax Cuts Read More »
As the 2016 tax year winds down, there is no better time than now to get your finances in order. Let’s face it, the last thing you want to think about during the holiday season is
When to File? Important Changes to Due Dates and more Read More »
