by admin | Jun 5, 2026 | 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: Monday, June 15, 2026...
by admin | May 29, 2026 | The Audit
Each year, the IRS audits over 1 million tax returns. With agency resources shrinking, the IRS is more selective when choosing which tax returns to audit. Knowing what the IRS is looking for can help you understand and reduce your audit risk. Here are five of the...
by admin | May 22, 2026 | Planning
Action to take now! Now is a good time to assess your current situation and address any lingering tax moves that may improve your tax picture for 2026. Here are five things to consider: 1. Check your withholdings. Review your taxable income and the amount of tax...
by admin | May 15, 2026 | Planning
Excess gift giving could cause a tax surprise In an effort to keep taxpayers from transferring wealth from one generation to the next tax-free, there are specific limits to the amount of gifts one may give to any one person each year. Amounts in excess of this limit...
by admin | May 8, 2026 | Your Income
One of the best places for parents to look for tax savings If you’re a parent, your dependent children can be a source of tax savings. There are the well-known provisions in the tax code such as the Dependent Child Care Credit and the Child Tax Credit, but...
