How to Reduce Your Property Taxes
Market values of homes are skyrocketing and higher property tax bills are soon to follow. Prepare now to knock your property taxes back down to earth. What is happening Property [...]
It’s Tax Time! 1st Quarter Estimated Taxes are Due. Now is the time to file your taxes and make your estimated tax payment.
Both your individual tax return AND first quarter estimated tax payment are due by Tuesday, April 18th. Here is what you need to know. First quarter due date: Tuesday, April [...]
Where’s My Refund?
The popular Where’s My Refund feature on the IRS website allows you to see the status of your refund after filing your income tax return. What you should know Refunds [...]
Understanding the Gift Giving Tax. Excess gift giving could cause a tax surprise
In an effort to keep taxpayers from transferring wealth from one generation to the next tax-free, there are specific limits to the amount of gifts one may give to any [...]
Audit Target: The Sole Proprietor
Each year the IRS publishes their activities in a publication called the Data Book. And each year for the past number of years the number one target of audits are [...]
The Marriage Penalty is Alive and Well
Despite what you may think, the marriage penalty is still alive and well. Whether you’re changing your filing status in 2022 because of marriage, divorce or another event (or even [...]