Spring Means Tax Time
All this up and down weather probably has you itching for spring to be sprung and dreaming about the not-so-distant future when you can put away the sweaters and coats for another year. While you can probably all but smell the grill heating up as you visualize your first spring cookout, it would also be […]
It’s Not Too Early to Start Thinking About April
It’s hard to believe that it’s already February and 2014 is in full swing. Hopefully 2013 was a happy and prosperous year for you and 2014 will be even better. While it’s tempting to file away last year completely and start fresh, there are still a few things left to do before you can completely […]
Last Minute Tax Saving Tips
Every year around this time, I always have people frantically ask “What can I do to save on my taxes? Do you have any tax saving tips for the end of the year?” Probably the most common answer is “It depends.” There isn’t a strategy or method that works for every taxpayer in every situation. […]
Congratulations on your Screaming Bundle of Tax Savings!
I have had many friends become parents in the past year. I guess it’s that phase of life for my generation. While we don’t have any children yet, I would think that parenting would be one of the most challenging and rewarding things in life. I know that children certainly present their share of financial […]
Last Minute Tax Saving Tips
Every year around this time, I always have people frantically ask “What can I do to save on my taxes?” Probably the most common answer is “It depends.” There isn’t a strategy or method that works for every taxpayer in every situation. However, there are a few principles to follow and then some specific ideas […]
The Danger of Renting with Owner Finance: Possible Tax Consequences
A few years ago, I had a client in my office and we were working on his tax return. Let’s pretend his name is Larry. He had a couple rental properties and as we were discussing one of them, he said something that didn’t sound quite right. So after talking for a few minutes, Larry […]
