by admin | Oct 9, 2026 | Planning
Trump accounts are now open and available for participation. If you have not already looked into this new tax benefit that is designed as a tool to save for kids’ future. Here are some tips. Tip 1: Know the basics Deposit up to $5,000 per year for the benefit of...
by admin | Oct 2, 2026 | What's New
As the tax extension quickly approaches the October 15th deadline, now is a great time to review happenings at the IRS and how it may impact you and your situation. New formats for W-2s and 1099s. With the advent of tax-free tips and tax-free overtime, look forward to...
by admin | Sep 25, 2026 | Miscellaneous
Knowing the difference is very important! As an annual reminder, it makes sense to review the key determination on whether your work activity is deemed employment or as an independent contractor. Getting it wrong could cost you plenty in Social Security, Medicare and...
by admin | Sep 18, 2026 | Retirement
Don’t forget to look at the retirement specials on the tax menu Wouldn’t it be nice to check out of the workforce early and not have to worry about having enough for retirement? While good financial planning can help you get there, leveraging the tax code as...
by admin | Sep 11, 2026 | The Audit
If you don’t receive a W-2 or 1099, is this a defense to protect yourself from not reporting the income during an audit? In short, the answer is no. And new this year, you will only receive a 1099-NEC if your payments received from a customer or client total $2,000 or...
