File Your Taxes Early: 10 Reasons Why NOT to Wait

By Paul Scholz, Managing Partner Every year we have many clients who ignore their taxes until the last possible moment. Sometimes its unavoidable, like when you are waiting on K-1 forms or other documents that are necessary to complete your taxes and you have no control over when you receive them. Often though, it’s simply a case of procrastination. For all you procrastinators out there I’ve put together the following list to encourage you to file your taxes early: Top 10 reasons why NOT to wait until the last minute to file your income tax forms Because of increased electronic...

RMD Planning

As we mercifully swing in to the end of the year 2020, along with all the political and social issues we are still dealing with as a nation, there is always TAX PLANNING! As the days march closer to December 31 it is important to consider possible year end moves to reduce the amount of money you’ll ultimately send to whoever is President.

Biden v Trump tax proposals – #5

As the theatrics of the first debate showed, this election campaign is about social issues, not finance. However, at the end of the day, most Americans will still tend to vote their pocketbook. So, in this fifth in a series of six blogs about tax platforms, lets take a look at some real estate issues that will affect many of you.