Events that might cause changes requiring a tax planning session. Situations in your life can change your taxes with little to no warning. Here are several events where you may need to schedule a tax planning session: Getting Married or Divorced? You could get hit...
Taxes can affect many areas of your life. Here are some common situations when you'll want to schedule a tax review. Something Changed in Your Life A change in your life could mean significant changes in your tax status. Some of these changes include: Getting married...
The IRS has reminded employers that the New Electronic Filing Threshold for Forms W-2, W-2c, and 1099s New lower threshold for required electronic filing of information returns applies to tax year 2023 Forms W-2, Wage and Tax Statement, because they are required to be...
Both Pennsylvania and the federal government give individual taxpayers the option to file their taxes electronically, also known as E-filing. There are a few benefits to E-filing your tax returns, including: Faster because it is electronically transmitted directly to...
It may be the beginning of a new year, but now is the time to recap the previous year for Uncle Sam. Here are some tips and a checklist to help get you organized. Watch for your tax forms.Forms W-2, 1099, and 1098 will start hitting your inbox or mailbox in the next...
2022 Tax Tips for an Individual We are alwlays looking ahead to the new year, which means it's time to think about things you can do to reduce your 2022 federal tax bill. It looks like planning for income taxes may be a little simpler this year than in the past few...
Do you get anxious or stressed when tax time rolls around? If you have never worked with a Certified Public Accountant (CPA) for tax preparation, now may be the time to consider it. With the ever changing tax laws you may be missing out on important deductions....
