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Category: Tax Planning
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3 Ways to Lower Your Tax Bill

It's never too early to start preparing for your 2019 taxes. Here are 3 timely tax-saving strategies you can employ now to lower your tax bill next year.

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You Gotta Know When To Hold ‘Em…Know When To Pay Taxes!

Did you know gambling winnings are subject to both federal and state tax? Here's the 4-1-1 on the types of gambling winnings and the taxes that apply to each.

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5 W's of an IRS Audit: What You Need to Know

Did you receive that dreaded IRS audit notification letter? Don't stress! Find out the Who, What, When, Where, and Why about IRS Audits.

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Death and Taxes

Even with the web & it's large amount of info, death and taxes are still certain in life, and the former has an important financial impact on the latter.

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The Qualified Charitable Distribution Now Has Eternal Life (At Least, for Federal Income Tax Purposes)

Using a QCD, taxpayers may find that making a direct contribution from an IRA to a qualifying charitable organization can provide greater tax savings.

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A Few Thoughts about Preparing for Income Tax Compliance

If you have an accountant prepare your return, this contains some useful tips that may help reduce preparation costs, improve accuracy, & minimize tax notices.

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