Word to the Wise

Word to the Wise – November 2019

Save Money with These Year-End Ideas There's still time to reduce your potential tax obligation and save money this year (and next). Here are some ideas to consider: Estimate your 2019 and 2020 taxable income. With these estimates you can determine [...]

Word to the Wise – October 2019

Another Year, Another New 1040 In 2018, the government attempted to “simplify” the tax-filing process by drastically shortening Form 1040. The result was six new schedules that created a lot of confusion. Now the IRS is attempting to ease some [...]

Word to the Wise – August 2019

5 Surprising Taxable Items Wages and self-employment earnings are taxable, but what about the random cash or financial benefits you receive through other means? If something of value changes hands, you can bet the IRS considers a way to tax [...]

Word to the Wise – July 2019

Effective Tax Planning Starts Now! With summertime activities in full swing, tax planning is probably not on the top of your to-do list. But putting it off creates a problem at the end of the year when there’s little time [...]
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