Navigating Finances with Expertise: The Benefits of Working with a Tax Professional 

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In the labyrinth of personal finance, taxes often stand as one of the most complex and daunting challenges. With ever-changing regulations, intricate forms, and potential pitfalls, it’s no wonder many individuals find themselves overwhelmed come tax season. However, there’s a beacon of assistance amidst this complexity: the tax professional. The benefits of working with a […]

Reporting Investment Income on Your Federal Tax Returns 

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It’s officially tax season! Did you know that all income, whether earned from work or resulting from investments, is subject to tax reporting and taxation? Financial institutions send annual informational tax returns to the IRS and individual taxpayers showing income to the taxpayer.    To help taxpayers complete their income tax return forms, the IRS […]

Tax Issues of Charitable Giving

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‘Tis better to give than to receive but getting a big fat tax deduction is no bad thing. The festive spirit of giving is more attractive when Uncle Sam cuts you some slack on your income tax return. BUT in order to take a deduction for a charitable donation, you must itemize all your deductions using Schedule A of your tax return. If you take the standard […]

How to Prepare for Tax Season 2022

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Tax Season is officially here! What have you done to prepare? How do you personally file your taxes? Filing for taxes can be a stressful task when it doesn’t necessarily have to be. There is a plethora of expert information out there from experts on how to get tips to save time and money. Believe […]

Remind Employees to File Their Taxes Early

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Few people love tax time, so it can be challenging to convince employees of the importance of completing their taxes sooner rather than later. Although the deadline this year is April 18th, putting off taxes until that due date can be risky. It may be too late this year, but take this opportunity to help […]