The Art of Bill Paying

  The Art of Bill Paying May 31, 2021   Here are some ways to get control of your budget and perfect the art of stress-free bill paying. Make a Budget  Knowing what you are making and what you are spending is essential to proper bill paying. First, find out...

Income the IRS Can’t Touch

  Income the IRS Can’t Touch April 20, 2021     1. Tax-free Interest The federal government does not tax municipal bond interest. This includes bonds issued by a state or municipality. The tax-free benefit increases the higher your income, but...

Businesses Get More Time to Apply For PPP Loans

  Businesses Get More Time to Apply For PPP Loans April 15, 2021   Here’s what you need to know about the Paycheck Protection Program (PPP) loans and other business relief provisions of the recently-passed American Rescue Plan Act. PPP Loan Application...

First Quarter Estimated Taxes Now Due

  Reminder: First Quarter Estimated Taxes Now Due April 12, 2021   Despite the individual tax filing due date being delayed until May 17, 2021, there is no delay in paying first quarter estimated tax payments for the 2021 tax year. So it is time to review...

Defending Fair Market Value

  Defending Fair Market Value April 29, 2021   Fair market value (FMV) is the price that property would sell for on the open market. It is the price that would be agreed on between a willing buyer and a willing seller, with neither being required to act, and...

New Tax Breaks Benefit Millions

  New Tax Breaks Benefit Millions April 6, 2021   Here are the major provisions of the bill that could mean more money in your pocket during the 2021 tax year. Child Tax Credit (CTC) The CTC for 2021 increases from $2,000 to $3,000 for kids ages 6 to 17 and...