Category

Tried and True Tax Moves

Even with the myriad of tax changes that went into effect for 2018, there are still a few go-to tax moves that everyone should make a priority in early 2019. Checking that the correct amount is being withheld from your paycheck in 2019 is a sure-fire way to be certain...

2019 Tax Planning Changes to Keep on Your Radar

While the 2018 tax filing deadline of Monday, April 15th will be here before we know it, it’s important to be aware of several changes to the tax law that have gone into effect for 2019. Some were ushered in by legislation such as the Tax Cuts and Jobs Act, the...

Tax Bracket, Tax Rate, What's the Difference?

It’s not a trick question, there is a difference between your tax bracket and your tax rate.  Your tax rate indicates your tax liability in relation to your total income but for planning purposes, you will also want to be aware of your tax bracket.  As an...

IRS Changes Deadline to File W-2 and 1099's

Issue Number:    IR-2016-143 Reminder: Employers Face New Jan. 31 W-2 Filing Deadline; Some Refunds Delayed Until Feb. 15 IR-2016-143, Oct. 28, 2016 WASHINGTON — The Internal Revenue Service today reminded employers and small businesses of a new Jan. 31 filing...

Are Itemized Deductions Worth the Effort?

Save time and trouble (and maybe some taxes) by knowing the difference between the standard and itemized deduction. When calculating your taxable income you have the option to use the standard deduction or an itemized list of qualified deductions.  If you have a large...

The Affordable Care Act: What To Expect Next

As of  mid-July, we are currently sitting in health insurance “limbo.”  The initial roll out of the Affordable Care Act, also known as Obamacare, is over. The 2015 open enrollment is a few months away and all is quiet on the insurance home front.   During this...