by Stephanie Goulette | Jan 7, 2021
Home » Taxes January Highlight: 2020 Year-End Tax Tips Here are some things to consider as you weigh potential tax moves between now and the end of the year. Defer income to next year Consider opportunities to defer income to 2021, particularly if you think you may be...
by Stephanie Goulette | Jun 4, 2020
Home » Projects June Highlight: 2019 IRA Contribution Deadline Has Been Extended Due to the coronavirus tax filing extension, there’s still time to make a regular IRA contribution for 2019. You have until your tax return due date (not including extensions) to...
by Stephanie Goulette | Jan 2, 2020
Home » Projects January Highlight: Understanding the Net Investment Income Tax If your income hits a certain level, you may face an additional wrinkle in calculating your taxes: the net investment income tax (also referred to as the unearned income Medicare...
by Stephanie Goulette | Dec 2, 2019
Home » Projects December Highlight: 2019 Year-End Planning Basics Timing of itemized deductions and the increased standard deduction Recent legislation substantially increased the standard deduction amounts and made significant changes to itemized deductions...
by Stephanie Goulette | Feb 4, 2019
Home » Taxes Am I Having Enough Withheld? If you fail to estimate your federal income tax withholding properly, it may cost you in a variety of ways. If you receive an income tax refund, it essentially means that you provided the IRS with an interest-free loan during...
