by Christina Minton | Oct 24, 2022 | Retirement
How much you pay and checks received are all going up! The Social Security Administration announced a whopping 8.7% boost to monthly Social Security and Supplemental Security Income (SSI) benefits for 2023. This is on the heels of a 5.9% increase last year. The...
by Christina Minton | Oct 17, 2022 | Planning
Action to take now! Now is a good time to assess your current situation and address those lingering tax moves that may improve your tax picture for 2022. Here are five things to consider: 1. Check on your withholdings. Review your taxable income and the amount of tax...
by Christina Minton | Oct 10, 2022 | Your Income
One of the best places for parents to look for tax savings If you’re a parent, your dependent children can be a source of tax savings. There are the well-known provisions in the tax code such as the Dependent Child Care Credit and the Child Tax Credit, but...
by Christina Minton | Oct 3, 2022 | Miscellaneous
October extension deadline fast approaching Monday, October 17th marks the extension deadline for filing your 2021 Form 1040 tax return. Given all the recent tax legislation, numerous stimulus checks and COVID-related tax changes, there are more open tax return...
by Christina Minton | Sep 26, 2022 | Miscellaneous
Understanding the difference between these two tax rates The tax code is filled with terms we rarely use in everyday conversation. Two of the more common are Marginal Tax Rates and Effective Tax Rates. Knowing what they mean can help you think differently about your...
