Self Employed

SELF‐EMPLOYED I bet you can guess the one question I get asked the most – “How can I save on my taxes?” Well, maybe not the most asked but certainly one of the most frequently asked, especially at tax time. The truth is, most folks can’t do much to save taxes because...

SECURE Act

SECURE Act I am going to take a pause from taxes this week and talk about saving for retirement and the changes that might impact you because of the Setting Every Community Up for Retirement Enhancement (SECURE) Act, which was signed into law by the President on...

I Don’t Want An Audit!

I DON’T WANT AN AUDIT If you have ever received one of those envelopes with a return address of Internal Revenue Service, your heart probably sank, thinking why are they contacting me? When you open the letter, you’re typically being asked a specific question about...

Adjust Your Withholding

ADJUST YOUR WITHHOLDING If you were like a lot of taxpayers last year, you were surprised when you filed your tax return because you didn’t get that refund you expected, you owed with your 2018 return. In many cases, your income had not changed substantially. What...

That’s Taxable?

That’s Taxable? I must admit that it can be an uncomfortable conversation when a tax professional must explain that something the client believes is not subject to income tax in fact is taxable. It’s more uncomfortable though if that conversation happens because the...