by Christina Minton | Jan 10, 2022 | Miscellaneous
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 2021 4th quarter due date is now here. Due date: Tuesday, January 18,...
by Christina Minton | Dec 20, 2021 | Miscellaneous
The real estate boom creates opportunity The tax law provides a valuable tax-saving opportunity to business owners and real estate investors who want to sell property and acquire similar property at about the same time. This tax break is known as a like-kind or...
by Christina Minton | Nov 8, 2021 | Miscellaneous
Four tips to ensure your security Pretending to be an IRS agent is one of the favorite tactics of scam artists, according to the Better Business Bureau. The con artists impersonate the IRS to either intimidate people into making payments over the phone, or to send...
by Christina Minton | Oct 25, 2021 | Miscellaneous
While most income received from your employer quickly ends up on a W-2 tax form at the end of the year, here are some common employee benefits that often avoid the impact of Federal taxes. Health Benefits. While now reported on W-2’s, employer-provided health...
by Christina Minton | Sep 27, 2021 | Miscellaneous
Market values of homes are skyrocketing and higher property tax bills are soon to follow. Prepare now to knock your property taxes back down to earth. What is happening Property taxes typically lag the market. In bad times, the value of your home goes down, but the...
by Christina Minton | Sep 20, 2021 | Miscellaneous
What do I need to keep? Each of us needs to keep records that substantiate our tax return or other important life events for as long as they are needed. So what does this mean? The basic retention period. Federal tax return substantiation is generally three years from...
