The Numbers Team

If you're an independent contractor, don't forget to plan for and pay your taxes. Here are some of the basic rules you need to understand.

Contractor Versus Employee - Knowing the difference is very important! Get this wrong and it could cost you and/or your employer. Are you a contractor or an employee?

Tax savings ideas still abound. Here are some to consider if you wish to retire early.

Tax Tips to Aid in Retiring Early - Don't forget to look at the retirement specials on the tax menu The federal government needs all its citizens to plan for a financially secure retirement. In an effort to assist in planning for retirement, there are a number of provisions in the tax code that benefit seniors. Are you aware of them and using them to your advantage?

Create a list of tax forms you expect to receive. Then check them off as you receive them to make sure none of them are missing.

Missing a Form? Not an Excuse. Every year you receive information tax forms, including W-2s, 1098s, and 1099s. If you fail to receive a form, you are still liable for the tax it creates. Here are some tips to avoid this possible audit risk.

Reminder: 3Q estimated taxes are due Tuesday, September 15th. Here are some things to consider.

Reminder: Third Quarter Estimated Taxes are Due - Now is the time to make your estimated tax payment If you have not already done so, please plan to make your third quarter estimated tax payment. The due date is Tuesday, September 15th.

Small financial moves can pay off for years. Discover tax breaks for education, simple tax-planning strategies, ways to make banks compete for you, and how to avoid the technology upgrade tax.

Tax News: September 2026 College and trade schools are investments that can pay dividends for years. The same can be true of a few smart tax habits repeated year after year. In this month’s newsletter, we take a closer look at tax breaks for post-secondary education along with practical tax planning moves that can del...

Office Closed Today — September 1

Due to Tropical Storm Edouard, The Numbers Team office is closed today. With schools closed and our team’s safety as the priority, we will not be in the office.
We expect to return tomorrow, September 2nd, and will return your calls then.

Need to send a detailed message? Email us at [email protected].
Thank you for your understanding — please stay safe.

Charitable deductions are frequently challenged or denied during an IRS review. Protect your deduction by understanding the documentation and requirements before making a donation.

Donating to Charities? Do it RIGHT! - Donation basics to ensure a proper tax deduction Too often a charitable tax deduction is disallowed upon review by the IRS. Don't let this happen to you. Here is what you need to know.

When an interest rate matters. This is what you need to know.

Understanding Tax Terms: AFRs The IRS often sees the transfer of funds as a loan, whether there is a loan agreement or not. This also means there is an implied term and interest payment. When the IRS says a transaction is a loan, what interest rate do they use? Enter AFRs. Here is what you need to know.

The amount of your tax bill is often dependent on your age and the age of your children. You need to plan accordingly. Here are the details.

The Tax Impact as Your Children Grow Up - Prepare now for potential income tax hits As your children age, you can easily be surprised by a larger tax bill. To help ease the possible burden, here are some possible tax hits to prepare for as your children grow older.

Time to plan for new contribution levels for your health savings account. Find the 2026 limits here.

2026 Health Savings Account Limits - Reminder to review your contributions Contribution limits for the ever-popular health savings account (HSA) are outlined for 2026. Now is a great time to review your situation and make adjustments as appropriate.