by Christina Minton | Mar 28, 2022 | The Audit
Your guide to post tax-filing record retention Before you close this year’s tax file there is still some work to do. If the IRS or state revenue department selects your return for review, you will need to be prepared. Here is what you need to do now: Keep a copy...
by Christina Minton | Mar 21, 2022 | Deductions
New tax rules are creating confusion Home-related tax rules changing over the past few years have caught some taxpayers by surprise. When your mortgage company reports tax-related information to you and the IRS using Form 1098, it no longer means all the interest and...
by Christina Minton | Mar 14, 2022 | Planning
Getting this wrong can cost you One of the more common tax questions is whether you need to file a federal tax return this year. The answer is: it depends. But not filing a tax return when you should can cost you plenty. Here are some quick tips to help you determine...
by Christina Minton | Mar 7, 2022 | Whats New
The 1040 tax instruction publication lays it all out Any way you look at it, the federal government’s spending habits are a big mess. As required by law, in every Form 1040 instruction booklet there’s a section that shows where our federal government gets...
by Christina Minton | Feb 28, 2022 | Retirement
Want to jump start your child’s retirement with a million dollar tax-free account? Consider this: The million dollar idea As soon as your child begins to earn income, open a Roth IRA and set a contribution goal to reach before they graduate from high school....
