by SEO | Jun 3, 2019 | blog
The Taxation of Reinvested Dividends Explained Have you ever received a tax document showing you a taxable amount of dividends? You probably didn’t receive a check for those dividend amounts, but you’re still required to pay taxes on them. Why is that and how does it...
by SEO | May 13, 2019 | Healthcare
Public Safety Officer Tax Deduction With it being National Police Week, we thought we would share a quick tip for Police and any other Public Safety Officers. What we colloquially refer to as the “PSO Deduction” at Molen & Associates is a deduction for retired...
by SEO | Apr 29, 2019 | blog
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...
by SEO | Apr 15, 2019 | blog
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...
by SEO | Apr 8, 2019 | blog
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...