Category: Uncategorized

A couple looking at papers to increase their tax reduction

Tax Reduction Strategies to Consider Mid-Year

It’s not an exaggeration to say that the tax code is massive—and complicated. Consequently, it happens to contain a handful of often-overlooked strategies for saving money. There’s a chance you’ll be able to reduce your taxes by navigating these deductions. ...

NSO tax planning

Navigating the Tax Code for Early Retirement

If you have your sights set on an early retirement, then a little extra planning can go a long way. Knowing how to leverage the tax code will work to supplement all of your other financial planning efforts. 7 Tax ...

an accountant looks at audit guidelines

Use the IRS Audit Technique Guidelines to Your Own Advantage

The idea of being audited can evoke a lot of stress. So although it’s important to remember that most people will never be audited, you can also do yourself a favor by being prepared. The more you know about how ...

Tax form being filled out and money from tax return by a pen

Waiting for Your Tax Refund? Here’s What to Know

Most taxpayers who file online can expect to receive their refund within three weeks of the IRS accepting their tax return. That timeline goes up to four or more weeks when you file your return through the mail. Unfortunately, just ...

avoid tax audits

How to Avoid the Common Tax Audit Triggers

After your tax return is filed, you don’t really want to think about it again! But an audit can turn those plans upside down. To really set yourself up for success, you need to work with your tax preparer to ...

a person's taxes get delayed

7 Reasons Your Tax Filing Might Get Delayed

Sending out your completed tax return can definitely come with a big sense of relief. There’s nothing quite like knocking off a dreaded item on your to-do list. But it’s important to not rush the process, otherwise your return could ...

taxes when selling a house

Be in the Know: $500,000 Tax Break When Selling Your Home

Homeowners need to be aware that there’s a significant tax break available to them with the sale of their personal residence. Yet that doesn’t mean you’ll be in the clear to avoid tax on those capital gains altogether. Having a ...

an accountant working on the computer

Here Comes the Start of Identity Theft Season

As tax season kicks off, it’s crucial to remain vigilant against the ever-present threat of identity theft. With the abundance of personal and financial information exchanged during this time, opportunistic cybercriminals are poised to exploit any vulnerabilities they can find. ...

child tax tips

3 Child Tax Tips Everyone Should Know

Whether you’re a parent, grandparent, or just know someone who’s getting ready to welcome a new baby, there are a few general tax tips that everyone should be aware of. The more you know, the more you can save! Improving ...