Filing income taxes and experiencing an unexpected negative outcome can be a very bad life event. As we approach the end of the year and draw nearer to income tax season many people may grow weary, and it gets so bad for some that they will not even file their taxes. ...
There is a new tax deadline, now what? Most of you are aware that the new tax deadline for 2020 has changed to July 15th. Normally, if you don’t file your tax return and pay in full, you can expect penalties and interest. However, the effects of COVID-19 have caused...
I had an experience over the holidays with family that presented a wonderful opportunity to write about. I was asked by an in-law about the new 2020 tax form, and why one spouse will now be taxed higher based on their higher earnings. I will freely admit that caught...