Growing up, I knew very little about life insurance. This had not been a topic taught in school, nor discussed at home. Starting my first job out of school, life insurance was offered as a company benefit included in all the papers we filled out when hired. There was not an educational briefing about the […]
Life Insurance Awareness Month Read More »
Heads up! If you missed it, there is a new 1099 IRS Rule for PayPal, Venmo and CashApp transactions starting in tax year 2022. This rule impacts small businesses and self-employed people. Reading an article covering this information in Entrepreneur.com this week, I was reminded how important it is to stay alert and start documenting
New 1099 IRS Rule for PayPal and Venmo Transactions Read More »
Were you aware that 2022 Tax Information has been released by the IRS? Before you say, “It’s only November” consider this. “Forewarned is forearmed” (Robert Greene). IRS Releases Income Tax Brackets for 2022 Although the tax rates haven’t changed as yet, tax brackets for 2022 have been released to account for inflation. For 2022, they’re
2022 Tax Information Read More »
This week, changes to the Child Tax Credit will help families receive advanced payments. Beginning 15 July, the IRS will pay half the total credit amount in advanced monthly payments directly to their bank accounts. The expanded child tax credit is only for 2021. To qualify for advance Child Tax Credit payments, you — and
Advanced Child Tax Credit Read More »
The estate planning process can seem ominous, confusing and for many, we stop here. Learning how to prepare for estate planning from a layperson’s perspective can help unravel the process and provide you with information to proceed with more confidence. Today in America, approximately 60% of Americans have not created a will/trust. What does this
Prepare for Estate Planning – Layperson’s Perspective Read More »
What do they say? The two things we cannot avoid are death and taxes?! Taxes are the topic we will consider today. Taxes touch our lives when we make money, spend money, own property and invest. As we approach Q4, let’s consider a few specific areas to review to make sure we are on target
National Update: Changes Ahead – Taxes Read More »
Teams – when you think of a team, what do you think of? Sports? Work? Health? If I were to ask you about your personal team, what would your response be? We’re going to focus on what you can concentrate on starting today to plan for and assess what you have in place for you
Who’s on Your Team? Read More »
Making a decision about how many deductions to take from your paycheck is often unclear. The changes in the tax law for 2018 make this a vital issue for all. If you withhold too much, you may receive a tax rebate; yet withhold too little and you may owe the IRS at tax time. Check
Deductions, Contribution Limits and Summertime! Read More »
Online shopping taxes in 50 states and over 3000 counties across the US has become reality for businesses – small and large with the recent Supreme Court decision. States and counties have been searching for ways to boost their revenue streams. Online retailers and marketplaces are now faced with compliance to collect tax on orders placed
Does the Supreme Court Decision About Online Taxes Impact You? Read More »
Tuesday 17 April, 2018 is the deadline for individuals filing 2017 federal taxes! Did you know there are different due dates for specific individuals and corporations that do not apply to everyone? TaxAct.com provides a reference library outlining Federal Due Dates by month by taxpayer type and provides state specific filing requirements. Check it out
Tax Filing References Available Read More »
