Farewell Wonderland Pier – hopefully only for now
It's not often I post anything of a personal nature [...]
Secure Retirement with IUL: A Smart Planning Strategy
Permanent life insurance with an option for both cash value [...]
Comparing Indexed Universal Life Insurance and Roth IRA
A Roth IRA and Indexed Universal Life Insurance (IUL) are [...]
Maximizing Benefits and Navigating Pitfalls: Understanding the Tax Implications of Inheriting or Receiving a Home as a Gift
A frequent question, and a situation where taxpayers often make [...]
Advantages of an indexed universal life policy
Life insurance is a crucial financial tool that provides protection [...]
What if you can’t file by the deadline?
Filing taxes on time is a crucial responsibility that every [...]
Conquer Your IRS Tax Debt: Effective Strategies for Resolution
IRS tax debt is a common issue that many taxpayers [...]
indexed universal life
Life insurance is a crucial financial tool that provides protection [...]
Surviving IRS Collections Nightmares: Tips and Tricks for Navigating Tax Debt
The IRS collections process can be a daunting and overwhelming [...]
Unlocking the Potential of Indexed Universal Life Insurance
In the realm of financial planning, life insurance stands as [...]
Year-End Tax Planning Opportunities Are Here
Year-end is rapidly approaching, as are the holidays. So, before [...]
Understanding a Notice of Federal Tax Lien and What to Do About It
Neglecting to pay your taxes can lead to serious consequences, [...]
When Tax Issues Become a Criminal Situation in the Eyes of the IRS
Due to the admittedly complicated nature of the tax code [...]
Avoid Tax Troubles: How Amended Tax Returns Can Save Your Day
Filing your tax return accurately is crucial to avoid unnecessary [...]
Did You Get a Letter from the IRS? Don’t Panic.
Now that most tax refunds are deposited directly into taxpayers’ [...]
When Can You Dump Old Tax Records
Taxpayers often question how long records must be kept and [...]
Can’t Pay Your Taxes? Here Are Some Options
About 3 out of 4 American taxpayers receive a refund [...]
Why Quality Bookkeeping Matters
If you had to make a list of all the [...]
Many Taxpayers Will See Smaller Refunds This Year
Congress has for years used the tax return as a [...]
Year End Tax Planning Issues
Year-end is rapidly approaching as are the holidays. So before [...]
Ways To Save on Your Taxes If You are Laid Off
If you've been following the news recently, you're no doubt [...]
2023 Social Security Cost-Of-Living Increase Highest In 40 Years
The Social Security Administration recently announced that Social Security beneficiaries [...]
Is This an Opportune Time to Convert Your Traditional IRA to a Roth IRA?
If your traditional IRA is invested in stocks and/or mutual [...]
Personal Finance Tips from Warren Buffett
There are a lot of seasoned investors out there who [...]
October Extended Due Date Just Around the Corner
If you could not complete your 2021 tax return by [...]
IRS Providing Penalty Relief to 1.6 Million Taxpayers
To help struggling taxpayers affected by the COVID-19 pandemic, the [...]
Inflation and an Economic Slowdown: A Double Whammy for your Finances
Newspapers and media reports have been filled with talk of [...]
Aretha Franklin’s Tax Situation: What You Need to Know
If someone were to craft a "Mount Rushmore" featuring the [...]
What Does The Inflation Reduction Act Mean To You?
On August 16, 2022, President Biden signed into law the [...]
Even if You’re Not Required to File a Tax Return, You May Be Missing Out if You Don’t.
Article Highlights: Tax Filing Thresholds Withholding 2021 Recovery Rebate Credit [...]
What Do You Do If the IRS Wants to “Audit” Your Tax Return?
The word “audit” tends to strike fear in the hearts [...]
Not Even Celebrities Are Immune to Issues With Their Taxes
There's an old saying in life that reminds us "the [...]
Forgot Something on Your Tax Return? It’s Not Too Late to Amend the Return
If you discover that you forgot something on your tax [...]
The Deadline is Drawing Near……
As a reminder to those who have not yet filed their 2021 tax returns, April 18, is the due date to either file a return (and pay the taxes owed) or file for an automatic extension (and pay an estimate of the taxes owed).
Sole Proprietorships – Don’t Overlook the Liability Issues
If you are considering starting a business, the simplest and least expensive form of business is a sole proprietorship. A sole proprietorship is a one-person business that reports its income directly on the individual’s personal tax return (Form 1040) using a Schedule C.
Finally, the COVID Relief Package Is Law
After several months of the Republicans and Democrats not being able to agree on additional COVID-related tax relief and other matters, as 2020 was coming to an end, horses were traded, and deals were made so that Congress could put together the much-needed legislation
Didn’t Get Your Economic Impact Payment?
One of the more tax-troubling issues this year has been the distribution of what Congress referred to as the recovery rebates.
Tax Issues to Be Aware of as Year-end Approaches
It seems hard to believe, but the holiday season is almost upon us, and that means that the 2020 tax preparation season will soon follow.
November Tax News
To say COVID-19 has made 2020 a disastrous year for just about everyone would be an understatement.
Quickbooks Prices Increasing again
Looking at it from a ProAdvisor perspective, there is only so much I can do to assist with dealing with the upcoming price increase, which in all honesty, makes very little sense.
A quick review of TCJA changes
Tax season is just around the corner, and I'm pretty sure many people are still trying to understand all the changes and how it would affect their particular situation. In this article we will focus specifically on individual returns.
Government Shutdown 101
As the calendar prepares to switch over to 2019, the clowns we elected who are supposed to represent us down in Washington DC could not come to an agreement to fund about 25% of the federal government.
