There are several financial tools available to taxpayers that can significantly cut down their tax liabilities. Below we explore examples of tax-efficient financial strategies that could optimize your tax planning and impact your tax savings. Retirement Savings...
individual taxes
Troubleshooting Taxes: How to File Extensions and Amended Returns
Tax issues can be stressful. No matter the circumstances—a family or health emergency, an unexpected work trip, an unorganized filing method—sometimes you just need more time to file your taxes. And sometimes, even if you managed to file your taxes on time, you...
Overview of New Tax Cuts and Jobs Act (TCJA)
The recently enacted Tax Cuts and Jobs Act (TCJA) is a sweeping tax package. Here’s a look at some of the more important elements of the new law that have an impact on individuals. Unless otherwise noted, the changes are effective for tax years beginning in 2018 through 2025. Tax rates. The new law […]