Archive for June, 2019

Q & A and Tips on Accounting, Taxes and Personal Finance.
3 Great Charitable Deduction Ideas

3 Great Charitable Deduction Ideas

Despite what you may have heard from friends or family, you can still claim generous tax benefits for charitable contributions. Here are three prime examples of charitable tax breaks ripe for the picking if you know where to look: 1. Qualified charitable distributions. If you’re age 70½ or older, you can transfer up to $100,000 […]

June 29, 2019 | By More
Tax is more than just the tax return

Tax is more than just the tax return

Tax is more than just the Tax Return The last article left off with: “Taxes are complicated and change regularly but as a taxpayer it is very important that you have a general understanding of your tax return”. In addition, it is important to have an understanding of “behind the scenes” tax related items as […]

June 12, 2019 | By More
Why Tax Projections are Important for Your Small Business

Why Tax Projections are Important for Your Small Business

We often see individual taxpayers and business owners caught by surprise with an unexpected large tax bill which they were never prepared for. This situation can result in significant stress and cash flow issues both on a personal and business level. There is often very little that can be done at the end of the […]

June 3, 2019 | By More