How to be smart about taxes in the year ahead
With the 2021 tax filing deadline over, it may be time to think about planning strategies for taxes for the rest of the year.
Category: Taxes
Putting your tax refund to work
With an average tax refund of more than $3,000 many taxpayers are planning to save the funds this year and pay down debt or save for the future.
Potential new taxes could drive businesses to change structure
Lawmakers are considering potential new taxes that could lead businesses to consider changing their structure from an S-Corp to a C-Corp.
How business owners may maximize a valuable tax benefit
For some businesses, one of the most valuable tax benefits available is the deduction for qualified business income.
Leading tax topics on the minds of financial advisors
SECURE Act regulations, the SALT deduction, and Roth IRA strategies were among the leading tax topics raised by financial advisors at a recent webcast.
Some business owners may bypass the SALT deduction cap
Many states are passing laws that allow certain business owners to bypass the SALT cap when filing their federal income tax return.
New child tax credit form coming for the 2021 filing
Many taxpayers are receiving a new child tax credit form from the IRS to complete for their 2021 filing.
Planning ideas with potential higher rates on the horizon
With the prospect of higher rates on the horizon here are some strategies for investors to consider now.
Key tax figures for 2022
While most key tax figures for 2022 had only slight changes, there are areas where individuals may want to consider revisions to their tax strategy.
Year-end planning review checklist
A checklist can help investors assess personal finances for a year-end planning review to determine if action is needed.