by Christina Minton | Nov 1, 2021 | Planning
With all the tax law changes over the past few years, here are some things that should trigger you to conduct a full tax planning session to ensure your tax bill is not higher than it needs to be. 1. You owed tax in 2020. Having a surprising tax bill is never fun. So...
by Christina Minton | Sep 13, 2021 | Planning
Make your estimated tax payment now 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: Wednesday, September 15th, 2021...
by Christina Minton | Aug 9, 2021 | Planning
Prepare now for potential income tax hits As your children grow older, you can easily be surprised by a larger tax bill. To help ease the possible burden, consider these tax implications as your dependent children age. A higher tax bill in your future At age 6: Loss...
by Christina Minton | Aug 2, 2021 | Planning
Ten ideas to maximize the benefits of your investments Mutual funds benefit from the long-standing belief that they allow investors to diversify their holdings without buying individual stocks. But to the unwary investor, tax surprises are abound. From a tax planning...
by Christina Minton | Jul 12, 2021 | Planning
Good idea? …not so much For years you have put away money from your pay into your employer provided 401(k) retirement savings account. Your employer may have even matched 50% of your contribution. Now you want to take some of this money out in the form of a loan...
by Christina Minton | Jun 14, 2021 | Planning
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 second quarter due date is now here. Due date: Tuesday, June 15, 2021...
