Nontaxable Income

Nontaxable Income March 26, 2018  There are several sources of revenue that are not subject to income tax. Do you know what they are? Here are the most common sources of money that are generally not taxed on your federal income tax return: Borrowed money, such as from...

Tax Refund into retirement Account

Tips for Putting Your Tax Refund Into a Retirement Account March 20, 2018  If you plan on having the IRS deposit your tax refund into one or more individual retirement accounts (IRAs), most of the hard part is already done: You’ve already decided that you want...

Tax Season Scams

Tax Season Scams March 22, 2018  The IRS urges taxpayers to beware of fake calls to return money from tax return refund checks that have been deposited in error into bank accounts. Scammers either pretend to be collection agency employees or use a recorded message...

Tax Time Q&A

Tax Time Q&A March 14, 2018  With all of the headlines about the changes to tax law, you probably have lots of questions. Here are answers to some of the most common questions taxpayers have this year. Q: I’m hearing about a lot of changes to 2018 taxes....

Business Startup Checklist

Business Startup Checklist March 14, 2018  Starting your own business can be equal parts thrilling and intimidating. Complying with regulations and tax requirements definitely falls into the later category. But, with some professional help, it doesn’t have to be...

New Tax Legislation Requires Planning

New Tax Legislation Requires Planning March 8, 2018  Though many taxpayers appreciate the income tax cuts in the Tax Cuts and Jobs Act (TCJA) passed late last year, others are skeptical that it will simplify their tax planning. With every simplification, there are...