Think About Adjusting Your Income
When you receive a refund it’s the result of withholding too much in taxes. A $1,000 tax refund is the result of tax that you overpaid throughout the year.
Preparing your tax return and doing tax planning
Market watchers were relieved when Congress rolled out yet another dark eleventh hour deal to save our country from our own political dysfunction. But here’s what it really means for the changes in our taxes and our cliff hanging.
The Election and Your Finances
While we prefer to look at client tax situations before the snow falls, in 2012, like many recent years, it may pay to wait until early December to make significant tax moves. But it still makes sense now to be aware of the likely changes and take steps to limit what you’ll owe in April.
With tax season upon us, you have a decision to make. Should you file your tax return the old fashioned way with pen and paper tax forms? Do-it-yourselfers might prefer affordable online and software tax preparation applications. Delegators can choose…
New Roth IRA rules this year invite high income earners to join the tax-free party. For them, it’s an income and estate planning opportunity nonpareil. If you have the wherewithal and will to let your Roth span generations, it could…