Jun 2, 2023
In this episode:
- The IRS is still revealing plans for the $80B of Congressional support.
- We review what amended returns are and the current IRS processing timelines.
- The next due date for estimated taxes are June 15th.
- We discuss why timely estimated tax payments are so important.
- The possible add-back of Maryland...
May 19, 2023
In this episode:
- A review of clean property and energy efficient tax credits that are available now.
- Tax strategies and savings opportunities for hiring your children.
- HSA contribution limits are on the rise.
- Donations of vacation homes for charitable events are not tax deductible.
We are joined by Todd Roselle,...
May 5, 2023
In this episode:
- 1099K reporting changes may be on the horizon for 3rd party payment users.
- The electric vehicle tax credit has been updated. For full details, please read our blog article at Discover the Tax Benefits of Owning an Electric Vehicle on our website.
- Tax estimators are available on the IRS website to...
Apr 21, 2023
In this episode:
- The IRS has released a 150-page blueprint for the $80B of approved spending.
- Last call for any 2019 returns with refunds to be filed. They must be filed by 7/17.
- Form 944 may be being eliminated for business filers.
We also speak with Ritchie Thurman, President of Arbor Care Plant & Turf. ...
Apr 7, 2023
In this episode:
- Tax Day is April 18, 2023 this year.
- A breakdown of Capital Gains, Like-Kind Exchanges and related strategies.
- Social Security wage base is on the rise.
- IRS penalties and interest are high if you don't pay by April 18th, regardless of extension status.
We also hear the story of the "The Welfare...