We work with our clients to plan events that could happen, not just record what has happened. We explain what those numbers mean to you, your business and your family. We believe that our clients are able to make the best financial decisions only when they have received the best financial advice. BrokerCheck is a free tool to research the background and experience of financial brokers, advisers and firms.
The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.
This site is published for residents of the United States and is for informational purposes only and does not constitue an offer to sell or a solicitation of an offer to buy any security or product that may be referenced herein.
The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.
This site is published for residents of the United States and is for informational purposes only and does not constitue an offer to sell or a solicitation of an offer to buy any security or product that may be referenced herein.
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The content is developed from sources believed to be providing accurate information.
The information in this material is not intended as tax or legal advice.
Please consult legal or tax professionals for specific information regarding your individual situation.
The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.
This site is published for residents of the United States and is for informational purposes only and does not constitue an offer to sell or a solicitation of an offer to buy any security or product that may be referenced herein.
The information in this material is not intended as tax or legal advice.
Please consult legal or tax professionals for specific information regarding your individual situation.
The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.
This site is published for residents of the United States and is for informational purposes only and does not constitue an offer to sell or a solicitation of an offer to buy any security or product that may be referenced herein.
All due dates assume that the date falls on a business day.
If the due date falls on a holiday or weekend, the due date will be the next business day.
Employees who work for tips - If you received $20 or more in tips during December, report them to your employer.
You can use Form 4070 Employee's Report of Tips to Employer.
Employers - Social Security, Medicare and withheld income tax.
If the monthly deposit rule applies, deposit the tax for payments in December of this year.
Individuals - Make a payment of your estimated tax for this year if you did not pay your income tax for the year through withholding (or did not pay in enough tax that way).
If the due date falls on a holiday or weekend, the due date will be the next business day.
Employees who work for tips - If you received $20 or more in tips during December, report them to your employer.
You can use Form 4070 Employee's Report of Tips to Employer.
Employers - Social Security, Medicare and withheld income tax.
If the monthly deposit rule applies, deposit the tax for payments in December of this year.
Individuals - Make a payment of your estimated tax for this year if you did not pay your income tax for the year through withholding (or did not pay in enough tax that way).
But what should be done with those documents after your check or refund request is in the mail?
Federal law requires you to maintain copies of your tax returns and supporting documents for three years.
This is called the "three-year law" and leads many people to believe they're safe provided they retain their documents for this period of time.
However, if the IRS believes you have significantly underreported your income (by 25 percent or more), or believes there may be indication of fraud, it may go back six years in an audit.
Federal law requires you to maintain copies of your tax returns and supporting documents for three years.
This is called the "three-year law" and leads many people to believe they're safe provided they retain their documents for this period of time.
However, if the IRS believes you have significantly underreported your income (by 25 percent or more), or believes there may be indication of fraud, it may go back six years in an audit.
Tax Incentives for Higher Education The tax code provides a variety of tax incentives for families who are paying higher education costs or are repaying student loans.
You may be able to claim an American Opportunity Credit or Lifetime Learning Credit for the qualified tuition and related expenses of the students in your family who are enrolled in eligible educational institutions.
Check Withholding to Avoid a Tax Surprise If you owed tax last year or received a large refund you may want to adjust your tax withholding.
You may be able to claim an American Opportunity Credit or Lifetime Learning Credit for the qualified tuition and related expenses of the students in your family who are enrolled in eligible educational institutions.
Check Withholding to Avoid a Tax Surprise If you owed tax last year or received a large refund you may want to adjust your tax withholding.
Domestic Production Deduction If your business is engaged in a qualifying production activity you may be able to take a tax deduction for your U.S. based business activities.
Organizational and Start Up Costs Have you just started a new business?
Did you know expenses incurred before a business begins operations are not allowed as current deductions?
Business or Hobby?
It is generally accepted that people prefer to make a living doing something they like.
A hobby is an activity for which you do not expect to make a profit.
Organizational and Start Up Costs Have you just started a new business?
Did you know expenses incurred before a business begins operations are not allowed as current deductions?
Business or Hobby?
It is generally accepted that people prefer to make a living doing something they like.
A hobby is an activity for which you do not expect to make a profit.
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