Itemized deductions, what are the income limitations? Who qualifies for the standard deduction? Who is not allowed to use the standard deduction? How do I phase-out itemized deductions? All these questions may be running through your … Read More
By: Alex Franch, BS EA Most married taxpayers know that they have the option to file jointly or separately for tax filing. The Federal income tax system prods taxpayers toward joint filing. This results in the … Read More
By: Cindy Toran, MBA, BA Have you ever thought of hiring your spouse? If you did, should you provide them with health insurance? There are potential advantages and disadvantages to formally hiring your spouse if you own a … Read More
Tax season’s over? Wrong. Choices we make during the year can impact our taxes. Making investments, paying for college education, planning for retirement, and a myriad of other financially-based decisions can help or hurt us when … Read More
January is when most people start thinking about taxes. And, for a great deal of them, April 15th is when they stop. But tax minimization is just the beginning of a holistic approach to financial long … Read More