Tag Archives: Taxes
Common Money Mistakes as We Age
It is common knowledge that as we grow old, our bodies tend to not work as well. Some folks begin having physical challenges, some have cognitive issues and some have both. But what we don’t know is which, if any, … Continue reading
Estate Planning Essentials You Need to Revisit Due to the New Tax Law
Estate planning is never done. Just like a piece of real estate, it needs periodic maintenance and care to make sure it’s in good shape when you need it most. Provisions in the newly passed GOP tax plan mean it’s … Continue reading
The Trump Tax Reform Plan – What Is and What May Be
Major tax reform enactment is a rare event, with the last occurring back in 1986 under President Ronald Reagan. As a result, current discussions could pan out to be much ado about nothing; however, with the solid majorities that Trump … Continue reading
Sales and Use Tax Red Flags – Managing Your Audit Risk
It should come as no surprise that sales and use tax is one of the main revenue streams of state and local tax authorities across the country and that audits are the primary means by which to maximize that stream. … Continue reading
When Is an Accountant Better Than Tax Software?
DESPITE ADVANCES IN TAX AND ACCOUNTING SOFTWARE TECHNOLOGY, WILL THEY EVER REPLACE THE VALUE OF YOUR TRUSTED ACCOUNTANT?
The question of man versus machine is not unique to the accounting profession, but practically speaking, tax software, accounting applications and your … Continue reading
A Tax Road Map for Self-Employed Individuals
Being your own boss can be extremely rewarding, but it can also come with a heightened level of responsibility and details that demand your constant attention. The importance of being organized cannot be underestimated. As a business owner, you wear … Continue reading
Tax Foundation Report Announces Tax Freedom Day® 2015 Is April 24th
In its March 2015 report, the Tax Foundation (the Foundation, a tax policy research group) determined that Tax Freedom Day falls on April 24th, the 114th day of 2015. That is the day when the nation as a … Continue reading