Withholding Review
Most taxpayers see April 15th as the finish line. The tax return is finally filed; the stress fades and taxes are out of mind. At least until next year. But from a CPA’s perspective, May is an advantageous time to make an important tax move to adjust your federal withholding. In May you finally have […]
Tax Season Survival Guide, Part 2: Smart Moves After You File
Now that you have accurately filed your tax return, the next step is to make the most of the outcome of your return. Whether you are receiving a refund or facing an amount due, here is how to use that outcome as a strategic financial planning opportunity. If You are Getting a Refund A refund […]
Tax Season Survival Guide, Part 1: Common Filing Mistakes
Tax season is in full swing and while most are focused on meeting the April 15th Tax Day deadline, it is important to note that accuracy also plays a role in meeting that deadline. Filing errors can cause taxpayers to experience their refund being delayed, unnecessary IRS notices and even penalties. Here are some common […]
Preparing for OBBBA: What You Should Know Before the Year Ends
Every year since becoming a mom, I am amazed at how fast time seems to accelerate after Halloween. One minute you are carving pumpkins, and the next Thanksgiving is here, followed by school programs, dance recitals, and Christmas festivities. Before you know it, January rolls around and you are left catching your breath after the […]
Moving On and Moving In: Tax Tips for Homebuyers and Sellers
As someone who is currently in the process of both buying and selling a home, I’m reminded how many moving pieces there are. Between inspections, appraisals, and closing dates, taxes may be the last thing on your mind. Still, a few smart steps can make a real difference when tax season comes around. When You […]
Tax Season Starts Now
With the calendar winding down and holiday season approaching, small business owners can be proactive and get ahead of tax season. Year-end preparation is not just about compliance with the IRS; it is a chance to strengthen your financial foundation and set the stage for a successful new year. Here is a practical checklist geared […]
Sports Betting in 2025
Summer is coming to an end, and fall will soon be upon us. What is fall so often associated with? Of course, there’s the cooler weather and the joy of the upcoming holidays – but one thing I enjoy greatly about fall is the beginning of football season. If you are like me, you’ll spend […]
Summer Planning: Vacations, Beach Time…and Taxes?
June, the first official month of summer. For many people, summer is a time for vacations, fishing, and spending time at the beach. Consider adding to that list everyone’s least favorite topic – income tax planning. I know you are thinking, “I just filed my tax return, why do I need to start thinking about […]
A Quick Guide to Summer Supplemental Income
Summer is the season of sunshine, long weekends and finding creative ways to earn a little extra cash. Whether you’re walking dogs, hosting guests through Airbnb, selling crafts at the farmers market, or picking up a few rideshare shifts, that added income can be a great boost. But it’s important to remember that even small-scale […]
Spring into Generosity – Charitable Giving & Gifting in 2025
The days grow longer and gardens blossom, as the season of spring brings a sense of rejuvenation, and for many, a time of generosity. Whether it is supporting a local non-profit that is dear to your heart or financially helping loved ones, spring is an excellent time to revisit tax planning strategies aimed at charitable […]