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How to setup a payment plan for your taxes?

How to setup a payment plan for your taxes?

Setting Up Your Tax Payment Plan: A Complete Guide The IRS doesn’t care how they are paid. They will go through hoops to ‘help’ you pay them. You can take a personal loan, or even charge a credit card right on their website to pay in full. Sometimes paying in full is...
How long should I hang on to my old tax records?

How long should I hang on to my old tax records?

Tax Records Retention: What You Need to Know While this is a straightforward question, there is a standard answer for most people, but others may have reasons to hold onto their records for longer. The easy answer for IRS purposes is 3 years. All you need to do is...
Case Study: A Surprising Medical Deduction

Case Study: A Surprising Medical Deduction

Discovering Truths: A Unique Medical Deduction Today, I want to show an example of an unusual even that had a very large tax impact. While this specific example is very rare, the principles behind the story apply to most of our clients. Every few decades there is...
5 Quick Tips To Prepare For Your Taxes

5 Quick Tips To Prepare For Your Taxes

Five Steps to Streamline Your Tax Prep If you’re anything like me, you love practical solutions to your problems. If you’re preparing for your tax appointment only a few weeks in advance, you definitely have a problem! Here are my 5 quick tips for helping you...