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...

Common Tax Mistakes

COMMON TAX MISTAKES As we start tax filing season 2020 I thought it might be a good idea to go over some mistakes that are easy to make when filing your return. All won’t apply to you but one might save you money. “Tax simplification” was one of the big selling points...