Can I pay my estimated taxes all at once?

Can I pay my estimated taxes all at once?

Estimated taxes are payments made throughout the year to the government to cover taxes owed on income that is not subject to withholding. Examples of this type of income include self-employment income, rental income, and income from investments. If you expect to owe...
What has changed for the 2022 tax?

What has changed for the 2022 tax?

There are a few changes for the 2022 tax season that individuals and businesses should be aware of: Increase in the standard deduction: The standard deduction for the tax year 2022 has increased for all filing statuses. For example, the standard deduction for single...
Tips for 401k Retirement Investment

Tips for 401k Retirement Investment

For most people retirement planning is synonymous with investing in 401(K) or 403(B) plans as employer provided tax advantage retirement vehicles are most used retirement planning tools.  Quite frankly, they are some of the best vehicles out there for the average...
2021 tax law changes?

2021 tax law changes?

It is easy to keep up with Kardashians than with ever-changing tax laws!! No wonder it gets challenging to file your taxes. You have been closely following news for all tax-related changes and then you blinked and now you don’t know what you missed! Luckily, the team...