All you need to know about 2023 Tax-Related Adjustments to Premiums, COLAs, Brackets and Thresholds
There have been so many recent announcements related to 2023 adjustments, let’s just tackle them all together!
How to Capitalize on the Inflation Reduction Act of 2022
Solar panels, corporate taxes, and Medicare prescription drugs - oh my! Read the highlights of Biden's latest bill.
How to Minimize Taxes During Market Downturns
Market downturns, like the one through the first half of 2022, could be a good time to adjust your fund portfolio to minimize the tax bite. Here’s how to calculate the best ways to do that – now and in the future.
What you need to know about Securing a Strong Retirement Act of 2021
SECURE Act 2.0 focuses on incentivizing people to save more for retirement. But will it be passed?
Understanding Medicare IRMAA Brackets and How to Plan Early
Planning ahead for IRMAA surcharges has become more important as the bracket tiers narrow and Medicare premiums increase.
What charitable deductions look like in 2021
Charitable donations create charitable deductions which dollar-for-dollar reduce your taxable income. Special legislation in 2020 and 2021 benefits even those taking a Standard Deduction.
When you need to consider estimated tax payments
Passive income can unintentionally cause tax penalties for late or underpayments. This is avoidable by making estimated tax payments.
How tax planning may be impacted after the election
Read about how tax planning opportunities could change in the coming years due to the upcoming election.
Hidden Gems inside the CARES Act
Apart from stimulus checks, small business loans, and expanded unemployment, there are a few "hidden gems" sprinkled throughout the CARES…
Tax Deadlines Extended until July 15!
The U.S. Department of the Treasury is delaying the April 15th deadline to file and pay taxes by 90 days,…
Who Should Prepare Your Taxes?
This year I had many families and small business owners asking for CPA recommendations. Surprisingly, the recent tax code changes…
The Taxing Effects of Selling Your Home
Because of the generous capital gains exclusion on selling a primary residence, you may find that you do not owe…
Talking Tax
Adjusted Gross Income (AGI) Gross Income (Salary, Investment Earnings, etc.) - Allowable Deductions, Credits, and Exemptions =Adjusted Gross Income…
Understanding the Impending Tax Legislation
Feeling insecure in your ability to banter on about politics, taxes, and headline news the next time you sit down…
Powwow discusses business structure options.
Forms of Business Ownership
Inspired by a question in the North Andover Mom's Facebook Group! As a business grows from a hobby or planned…
Resolving IRS Problems
If there’s anything as disconcerting as having the Internal Revenue Service (IRS) call you about a problem, it’s having to…
