October 29, 2018
Tax Tip Tuesday Financial Blog Post

Tax Cuts and Jobs Act Changes Small Business Owners Must Know

The Tax Cuts and Jobs Act brought about many changes for small business owners. One of those changes affects fringe benefits, which in turn can affect your bottom line as well as your employees’ deductions.
October 23, 2018
Tax Cuts and Jobs Act webinar

IRS Webinars Teach How the Tax Cuts and Jobs Act Will Affect Your 2019

If you’re still confused about how last year’s tax reform will affect your bottom line, you are not alone. With so many questions flooding in, the IRS has decided to host a series of webinars to help small business owners comprehend the changes they will see with Tax Cuts and Jobs Act. Two of the webinars may be especially crucial in answering questions posed by business owners.
October 10, 2018
529 Savings Plans for College

529 Savings Plans for College: 10 Advantages to You

According to the College Board a 2018 study, named The Trends In College Pricing, by the year 2024, the average sticker price of a public education in a state college is expected to move up to $34,000 per year. For private schools that number is estimated to be around $76,000 a year. Let’s face it, college is getting ridiculously expensive and if you have little ones at home that you expect to help pay for their college, then you need to know how to set aside money for that. 529 savings plans are a particular investment vehicle allowing you to save or put away money specifically for education TAX-FREE!! Yes, you read that right, tax-free. Now, let’s consider what you may or may not know about 529 plans.
October 2, 2018
Tax Tip Tuesday Financial Blog Post

Tax Filing Status Options That Could Save You Thousands

It is not unusual for your tax status to change after a major life event like marriage, divorce, and death of a spouse. Are you 100% sure you have chosen correctly among the tax filing status options? Now is a good time to double check in order to be sure you pay the correct tax amounts.
September 25, 2018
Tax Tip Tuesday Financial Blog Post

Resources Available to Help Business Owners Understand Tax Reform

As a business owner, you may have questions about the Tax Cuts & Jobs Act, which passed in December 2017, and exactly how the law affects you. If you’re looking for answers, the IRS has provided several helpful resources for you to understand how the law affects you and your business.
September 18, 2018
Tax Tip Tuesday Financial Blog Post

New IRS Tax Tool Gives You Even More Access to Information About Your Taxes

If you are looking for information concerning your federal taxes, you now have even more ways to get it. You can now log into the new IRS Tax tool through a secure server at IRS.gov/account. Some of the information you can view includes data such as amounts currently owed, your payment history, and more. This tool gives you the ability to be more in control of your taxes.