Taxes

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3 Tips for Preparing for Year-End Now

Year-end is coming up faster than you think since it is already in the first week of November! I have three tips for you to consider as you plan for your year’s end. These are things you can be doing right now to prepare your finances for year-end.  1. Get Your Bookkeeping Up to Date[...]
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Steps for Filing 2022 Taxes

Avoid the last-minute rush to file your taxes on time with the right preparation and information this year.  Several tax changes which could affect you in this tax season took place last year. Examples include the increase in charitable giving deductions and the expanded Child Tax Credit. To reconcile these taxes changes on time, you’ll need[...]
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Are You Eligible for the Child Tax Credit?

In March 2021, President Joe Biden signed the American Rescue Plan Act into law. In addition to providing stimulus checks of up to $1,400 for most adults, it also expanded the child tax credit. Eligible parents can receive up to $3,600 to help defray the cost of raising their sons or daughters. Let’s take a[...]
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3 Ways to Start Preparing for The 2020 Tax Season

Many people tend to procrastinate when it comes to their personal tax returns. In fact, according to the IRS, over 50 million people left filing taxes to the very last weekend! This year’s deadline for filing personal tax returns has changeddue to COVID-19. You can file as early as February 2020, since many important tax[...]
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IRS Raises the Roof on Retirement Contribution Limits in 2019

Every year the Department of Treasury, which is an umbrella for the IRS, is required by federal law to determine whether or not to make cost-of-living adjustments to retirement contribution limits. If the cost of living goes up, generally so do those limits. 2019 is the year of increase! If you’re 49 years of age[...]
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3 Ways Banks Take Your Money that You May Not Know About

In our virtual and paperless generation, it’s easy to keep tabs on your checking account balance without really taking the time to review each monthly transaction. You know about how much you’ve spent, so at first glance it all seems “about right.” What you may be missing, though, are some changes to your bank’s policies[...]
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