by Christina Minton | Sep 19, 2022 | Planning
Tax smarts that make a difference Medical expenses are on the rise. According to the Milliman Medical Index, the average family of four on an employer-sponsored plan will spend $30,260 on healthcare in 2022 – a $4,699 increase from 2020. Below are some ways you can...
by Christina Minton | Sep 12, 2022 | Whats New
What you need to know A highly-touted tax credit in the recently-passed Inflation Reduction Act is meant to incentivize Americans to purchase electric vehicles or other clean burning fuel vehicles. The bottom line, however, is that practically speaking YOU CAN’T GET...
by Christina Minton | Sep 5, 2022 | Uncategorized
Now is the time to make your estimated tax payment If you have not already done so, now is the time to review your tax situation and make an estimated quarterly tax payment using Form 1040-ES. The third quarter due date is now here. Due date: Thursday, Sept. 15, 2022...
by Christina Minton | Aug 29, 2022 | The Audit
Everyone needs to know what this means! If you have problems getting to sleep at night and you turn to the IRS tax code for help, you might find some vocabulary that is very foreign to you. One of the more uncommon words used by the IRS is the term...
by Christina Minton | Aug 22, 2022 | The Audit
Don’t get complacent…resurgence is underway The IRS reported audit rates continue to be low…very low. But that is now changing with thousands of auditors being hired for a post-pandemic scale-up of their reviews. So don’t get complacent. A closer...