Articles & Videos
New Tax Law Has Negative Side Effects for Retirees
New Tax Law Has Negative Side Effects for Retirees Getting ready to retire? Just recently called it quits? If you haven’t already filed your taxes, then you might be in for some surprises, thanks to the new tax laws. Retirement is supposed to be a bed of roses, but of course, life doesn’t always go…
Be Careful When You Decide to Amend Your Taxes
Be Careful When You Decide to Amend Your Taxes Nobody’s perfect. Even the most careful people make mistakes from time to time. Some mistake hurt much worse than others. Of course, when you’re doing your taxes, mistakes can really be magnified. In fact, they can cost you a lot of money if they’re really big…
Why Are These Wealthy Taxpayers Angry About Taxes?
Why Are These Wealthy Taxpayers Angry About Taxes? By Alan Olsen In most cases, when you hear about someone being angry about taxes, you automatically assume they think they’re paying too much. Nearly all taxpayers think they pay too much, no matter their income level. But for the most part, wealthy taxpayers tend to be…
Last-Minute Tax Tips for High Net Worth Taxpayers
Last-Minute Tax Tips for High Net Worth Taxpayers If you’re one of those taxpayers that like to wait till April to file his or her taxes, then there are still some new things you should know about before you file. That’s especially true if you’re a high net worth individual or an investor. By now,…
What Should You Do if You Can’t Pay Your Tax Bill on Time?
What Should You Do if You Can’t Pay Your Tax Bill on Time? The 2019 tax season is in full swing and it’s already come with several changes and surprises. One of the biggest surprises is the number of taxpayers that are either getting a much smaller refund, or not getting a refund period. However,…
Could This Year’s Tax Refund Be Bigger Than Last Year’s?
Could This Year’s Tax Refund Be Bigger Than Last Year’s? If you’ve heard anything about the 2019 tax season, it’s probably that refund amounts are way down. That storyline has made a lot of news. And opponents of the Tax Cut and Jobs Act (TCJA) have definitely used it as “proof” that the changes were…
Could These Tax Deductions Save You Big?
Could These Tax Deductions Save You Big? It’s tax time. Of course, you know that already, unless you’ve been hiding under a rock for the last several weeks. Tax time means refund time, right? Not for everyone, but in most cases, yes. But so far this year, refunds are down and many taxpayers have been…
Top Ways to Cut Taxes in Retirement
Top Ways to Cut Taxes in Retirement When you think of retirement you tend to think of pleasant things. Perhaps you dream about living out your days on a sunny beach or sailing around the world in your luxurious yacht. Maybe you plan to travel the world or maybe you just want to relax and…
Asking for Help Is Not a Sign of Weak Leadership
Can leaders be strong and humble at the same time? Is it possible for a leader to command respect if he or she has to ask for help? For many years, asking for help was considered a sign of weakness. Leaders were expected to know everything and be capable of doing anything. If a leader…
Latest Trends in East and West Coast Family Offices
Latest Trends in East and West Coast Family Offices Key Takeaways from this Video • Luxury Investments such as cars and gems can be positioned in such a way that family offices are not required to pay sales tax upon purchasing the item. (2:01) • A lot of the wealth creation in for family offices…
What to Do About Those Missing W2’s
What to Do About Those Missing W2’s If you still haven’t started your taxes this year, then what are you waiting for? There are numerous reasons to file your taxes early, including: Getting your refund sooner If you owe money, having more time to pay it off before the deadline Preventing scammers from stealing your…
Answers to the Most Common Tax Return Questions for 2019
Answers to the Most Common Tax Return Questions for 2019 It’s that time of year when thousands of taxpayers have all kinds of questions. In fact, this year there could be even more questions than normal, thanks to the Tax Cut and Jobs Act. So what do you if you have a lot of questions?…
Why Your Income Taxes Could Rise in 2020
Why Your Income Taxes Could Rise in 2020 Can you believe you might be paying more in taxes in 2020? How is that possible? The Tax Cut and Jobs Act (TCJA) was supposed to reduce nearly everyone’s taxes, right? It’s true that the TCJA did cut federal income taxes for most taxpayers. However, that doesn’t…
Why Are Some Americans Who Underpaid Taxes Getting a Reprieve?
Why Are Some Americans Who Underpaid Taxes Getting a Reprieve? The IRS has a reputation of being somewhat of a stickler when people underpay on their taxes, and with good reason. The agency has earned that reputation over the years, going after what seems like every last penny taxpayers owe. In fact, the IRS even…
Top Reasons to Get Your Taxes Done Early
Top Reasons to Get Your Taxes Done Early The 2019 tax season is set to kick off next week. That means now is not the time to be a procrastinator. Millions of taxpayers hate this time of year. So instead of filing their returns early, they put their taxes in the back of their mind.…
Three Ways to Improve Your Leadership Potential
Three Ways to Improve Your Leadership Potential For anyone who desires to be a leader, it can be very difficult to sit back and watch others get promoted ahead of him or her. People are not always put in positions of leadership based on ability or credentials. Often, some of the best potential leaders get…
Which Tax Deductions Are Available This Tax Season?
Which Tax Deductions Are Available This Tax Season? Tax time has officially started. That means, if you haven’t already, it’s time to gather up all your important tax documents and information. It might also be a good time to hire an experienced accountant. The Tax Cut and Jobs Act will play a huge role in…
Tax Season Means Scam Season: What to Watch for
Tax Season Means Scam Season: What to Watch for Tax season means a lot of things. It means organized taxpayers are already preparing their returns and getting ready for their refunds. It means disorganized taxpayers are scrambling to find everything they need just to start their returns. It means accountants are busy helping both organized…
How the Falling Market Could Help You Save in Retirement
How the Falling Market Could Help You Save in Retirement The falling stock market has been a real downer for most investors to watch. The massive drops, as well as the volatile nature of the market in recent weeks and months, have left many investors trembling. But as with most bad news, there might be…
Your Chances of Being Audited Continue to Decline
What’s the scariest possible outcome of filing your taxes? Almost anyone would answer that question with “being audited.” Being audited by the IRS is never fun. Fortunately, it’s something that most people will never have to experience. The fact is the IRS actually audits very few returns all things considered. Furthermore, the IRS also…