Top 5 Tax Mistakes

Five Big Tax Mistakes Published: 7/15/2024 Every year taxpayers are hit with tax surprises that could be avoided if they just knew the rules. Here are five big ones that are easy to avoid with some simple planning. Mistake #1. Withholding too little. This results in a tax surprise when filing your income tax return. Don’t […]

Roth versus Traditional IRA: Which is Better?

Roth versus Traditional IRA: Which is Better? Published: 7/11/2024 For most taxpayers, you have until April 15th of the following year to contribute up to $7,000 ($8,000 if age 50 or over) into a Traditional IRA or a Roth IRA. Is an IRA an option worth considering for you? If so, which is better? Traditional […]

An Option to Deduct Summer Activity Expenses

An Option to Deduct Summer Activity Expenses Published: 7/5/2024 The kids are out of school, which means now is a great time to review the rules to deduct eligible summer activities on your tax return. Tax deductible related daycare expenses through the use of the Child and Dependent Care Credit can be a great opportunity […]

Clues You are About to be Scammed

Clues You are About to be Scammed Published: 7/2/2024 Mention the word IRS and everyone’s blood pressure tends to go up a bit. Unfortunately, thieves know this too and often use the IRS as a threat to get you to fall for their latest scam. Every year the IRS mentions their dirty dozen tax scams […]

Watch Out For These Sneaky Vacation Costs

Watch Out For These Sneaky Vacation Costs Published: 6/27/2024 Going on vacation is a time to get away, relax and enjoy new experiences. But if you don’t pay close attention, extra costs can sneak up on you like tiny money-stealing gremlins. Here are several sneaky vacation costs to watch out for: Covert airfare increases. Airline […]

Surviving Wedding Season Without Breaking the Bank

Surviving Wedding Season Without Breaking the Bank Published: 6/20/2024 According to this survey by TheKnot.com, the average wedding in 2023 had a price tag of $35,000. And it’s not just the lucky couple doling out serious money. Wedding guests can also face steep costs between gifts and traveling to and from the big event. If […]

Business Advice: Every Impression Matters

Business Advice: Every Impression Matters Published: 6/17/2024 With competition knocking at your door for virtually every product or service, you need to hone every advantage available to you. One of the ways you can set your business apart is to create an awesome customer experience with every interaction. This is less of an event and […]

Prepare Yourself Financially When Purchasing a Vehicle

Prepare Yourself Financially When Purchasing a Vehicle Published: 6/11/2024 Financing a new or used car could spell big financial trouble if your vehicle is ever declared a total loss – even if the accident is 100% the other driver’s fault. Here’s what you need to know about staying safe financially if you take out a […]

You Need Tax Planning If…

You Need Tax Planning If… Published: 6/11/2024 Life can alter your taxes with little to no warning. Here are several situations where you may need to schedule a tax planning session: Getting married or divorced. You could get hit with a Marriage Penalty in certain situations when the total taxes you pay as a married couple is more than what […]

Roth versus Traditional IRA: Which is Better?

Roth versus Traditional IRA: Which is Better? Published: 6/6/2024 For most taxpayers, you have until April 15th of the following year to contribute up to $7,000 ($8,000 if age 50 or over) into a Traditional IRA or a Roth IRA. Is an IRA an option worth considering for you? If so, which is better? Traditional […]