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Here are nine areas of income that are often questioned by taxpayers regarding their taxability. Some items are taxable, others are not. Here is what you need to know.

Taxable or Not Taxable? - Some of these items may surprise you.

If selling a stock or mutual fund to book a loss for your tax return, the wash sale rules are worth knowing. For the unaware, this rule could cost you a loss deduction.

Understanding Tax Terms: Wash Sales - Surprise! Your stock loss is not deductible.

Rebalancing your portfolio when you get older makes sense. So does anticipating for these possible tax surprises during your retirement years.

Tax Surprises for the Newly Retired

If you have not already done so, please plan to make your 1st and/or 2nd quarter estimated tax payment(s). The due date is Wednesday, July 15, 2020.

Reminder: Estimated Taxes Due - Now is the time to make your estimated tax payment

Every year thousands of taxpayers go through a gotcha with the IRS thanks to large, unexpected tax bills. Here are five common causes of tax surprises, ranging from lost refunds to retirement plan mistakes.

Five Big Tax Mistakes - Don't let them happen to you!

Remember, the tax filing due date is now July 15! This also means the long-delayed estimated tax due date is also this month. So now is the time to double-check your withholdings for 2020.

Client Update Newsletter: July 2020 Remember, July 15 is now the tax filing due date because of the pandemic! It also means you may have a tax payment due on or before July 15. And if you have not yet received your federal stimulus check, this month's newsletter tells you what you should do. Also included is a recap of recent news tha...

The Child and Dependent Care Credit can be used to offset summer time care expenses for your qualifying dependents. These expenses don't just include sending your kids to daycare while you work. Here is what you need to know.

Deducting Summer Activity Expenses - Don't forget to save receipts

In an effort to assist in planning for retirement, there are a number of provisions in the tax code that benefit those who wish to retire early. Here are a number of tips.

Tax Tips to Aid in Retiring Early - Don't forget to look at the retirement specials on the tax menu

Too many taxpayers ignore estate taxes because they think it will not impact them. Do this at your own peril. Here is what you should know.

Estate Taxes: What EVERYONE Should Know

Want to ensure your refund gets to you in the shortest amount of time? Want to avoid a letter from the IRS? Here are some of the most common tax filing mistakes.

Common Tax Filing Mistakes

Think twice before tapping retirement accounts as an emergency fund. Also learn about pandemic-related tax surprises, how to help local businesses and changes coming to the banking industry.

Client Update Newsletter: June 2020 This month’s newsletter details several reasons why you should look for other sources of cash instead of tapping into your retirement funds, along with identifying potential tax surprises if you are using any of the pandemic-related relief programs, including unemployment benefits.There are al...

The IRS has allowed tax payments with credit cards for the past few years. Is it a good payment method for you? Here is how it works.

Should I Pay My Tax Bill With a Credit Card?