Understanding the Kiddie Tax: What You Need to Know

GET IN TOUCH GET IN TOUCH Do your children have income-generating assets (such as stocks) or unearned income (such as interest income, capital gains distributions, or dividends from those stocks)? If so, you need to understand something called the kiddie tax. Even if your child is a 24-year-old full-time college student with their own investment…

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Considering an S Corporation? Start Here.

GET IN TOUCH GET IN TOUCH Building a company?  One of the first and most crucial decisions you will need to make concerns your business structure.  This choice will impact almost every aspect of your endeavor, from day-to-day operations and management to legal factors such as shareholder liability and tax considerations such as whether or not…

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Employee Expense Reimbursement 101: What You Need to Know

GET IN TOUCH GET IN TOUCH Every business has expenses. Sometimes, however, it falls to the employee to shoulder those work-related costs using their own money, with the promise that they will receive reimbursement.  Such reimbursable expenses are often incurred during travel, at business lunches, to purchase necessary tools and supplies, or when an employee…

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How can you avoid or reduce your estimated tax penalties?

GET IN TOUCH GET IN TOUCH Do you find yourself paying estimated tax penalties year after year without really understanding why or what you can do to reduce your liability? You’re not alone.  According to IRS data, the number of taxpayers subject to estimated tax underpayment penalties is on the rise. In fact, in the most…

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Manage Consumer Credit (and Relieve Debt Overwhelm)

GET IN TOUCH GET IN TOUCH Whether traveling, buying an automobile, eating out at a restaurant, or shopping online, you’re most likely familiar with using credit. In fact, with 70% of the United States population carrying at least one credit card, people in this country are making more purchases using credit than ever before. Americans have an average…

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What Does the Infrastructure Bill Mean for You?

Shows infrastructure

GET IN TOUCH GET IN TOUCH Last week, one of the largest federal infrastructure packages in United States history became law after months of debate and negotiation.  The sweeping bill called the Bipartisan Infrastructure Investment and Jobs Act, allocates $1.2 trillion in funding for roads and bridges, public transit, electric energy, broadband internet, clean drinking water,…

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