Jul 19, 2023 | financial planning, tax deduction, taxable income, taxes, Uncategorized
If you have sold anything valued over $600. in 2023 using payment transactions such as credit cards, Pay Pal and/or Venmo, you will be getting a FORM 1099-K from the service at year end. ...
Dec 17, 2022 | tax deduction, taxable income, taxes, Uncategorized
There will be several changes when filing your 2022 taxes. Some of the changes will increase your taxes due for 2022. If you received a refund last year, you may not receive one this year due to the following taxing updates:The child tax credit is $2,000. for a...
Dec 14, 2021 | charities, financial planning, taxes, Uncategorized
WHAT A YEAR!!!Hopefully, you have been able to enjoy some parts and you and your loved ones have been healthy and safe.There are a few issues that I wanted to alert you on as the year comes to an end.For those who received Advanced Child Tax Credit payments in 2021...
Sep 23, 2019 | financial planning, Uncategorized
Does your business have CASH FLOW issues occasionally? We all do at various times. Good planning will help but not alleviate this issue. In an ideal world there are no immediate needs for cash and your clients always pay on time and you meet all your obligations when...
Nov 1, 2016 | financial planning, tax deduction, taxable income, taxes, Uncategorized
During the year you may have been the recipient of unexpected funds (money!!!). Some are from a good fortune; others are from an unfortunate incident. If you have been involved in one of these situations there are tax consequences to consider. Some are short term...
Jul 2, 2015 | taxes, Uncategorized
Identity theft is a new problem for all of us in today’s world on a daily basis. It DOES NOT occur ONLY during tax season. Your social security number can be used through-out the year. Many times, you may not be aware that someone has stolen your identity...
