by Jonathan Bill | Nov 11, 2021 | General Info, Personal, Retirement
Retirement may be closer than you think — especially if you’re saving money now just for that purpose. An Individual Retirement Arrangement (IRA) can be a smart way to save because it provides tax incentives to help you on your path. And IRAs are easy to set up with a...
by Jonathan Bill | Oct 28, 2021 | General Info, Personal
Life moves quickly — events like marriage, divorce, a new child or a home purchase are all good reasons to check your tax withholding before the end of the year and make any necessary adjustments. The IRS’s Tax Withholding Estimator can help you determine if you are...
by Jonathan Bill | Sep 30, 2021 | General Info, Personal
T he Taxpayer Certainty and Disaster Tax Relief Act of 2020, enacted last December, provides several deductions for individuals and businesses who give to charity. The law generally extends — through the end of 2021 — temporary tax changes originally enacted by the...
by Jonathan Bill | Aug 31, 2021 | COVID-19, General Info
We’re still getting questions from some folks about the Advance Child Tax Credit that they are receiving. Read below for some answers to common questions we’ve received. Q: What is it? A: The Advance Child Tax Credit provides you with an ADVANCE payment of the child...
by Jonathan Bill | Jul 14, 2021 | General Info, Personal
While it may seem mundane, recordkeeping is an important chore. Gathering your tax documents throughout the year makes it easier to file your tax return the following year. And having an organized recordkeeping system overall makes it easier to understand any letters...
by Jonathan Bill | Jul 5, 2021 | General Info, Personal
In this current seller’s market, you may be considering selling your first or second home. If so, keep in mind how selling your home may affect your tax return. When filing your taxes, you may qualify to exclude all or part of any gain from the sale from your income....
