Is It Time to Update Your Trust?
Do you have trust issues? If you’ve established a trust as part of your estate plan, the answer may be yes — and you might be unaware of those issues. […]
Marriage Penalty Leaves Many (But Not All) Newlyweds Singing a Sad Tune
Love and marriage — according to the song, they go together like a horse and carriage. But matrimony can leave some couples singing a sad tune when they encounter the […]
Why it’s Time to Start Tax Planning for 2016
Now that the April 18 income tax filing deadline has passed, it may be tempting to set aside any thought of taxes until year end is approaching. But don’t succumb. […]
Current Payroll News and a Task to Complete in June
June is the end of the second quarter, and you’re no doubt gearing up for next month’s due date for your federal payroll tax returns. But you may also need […]
4 Facts About the Section 199 Tax Deduction
The Section 199 deduction is often overlooked by business owners, perhaps because they’re not sure what it is. You may see it referred to as “the domestic production deduction,” or the […]
Did You Accidentally Forget to Pay This Tax?
Remember that purchase you made online — the one you didn’t have to pay sales tax on? Guess what? In most cases, you were supposed to pay the tax yourself, […]
Don’t Ignore that IRS Notice
According to a 2016 report from the Treasury Inspector General for Tax Administration, the IRS mailed more than 188 million notices and letters to taxpayers during 2014. There’s no reason […]
Curb Impulse Purchases
You’re standing in line at the grocery store, your shopping cart full of necessities for the upcoming week. While waiting, you scan the shelves. That magazine story looks interesting; that […]
What’s Your Tax Bracket?
Do you know your tax bracket? Understanding what rate was assessed on the last dollar of taxable income on your 2015 federal income tax return can help with 2016 tax […]
Where You Hang Your Hat: Your State Domicile Impacts Multistate Taxation
Michael lives in New York and Florida. Melissa lives in California and Utah. Whether they are taxed in both states depends on a number of factors. Here’s an overview of […]