by Accent452023 | Jul 11, 2017 | Lifestyle, Taxes
When it comes to paying bills, many people can’t imagine returning to paying and sending bills via the U.S. Postal Service. But, the “turn it on and forget it” nature of automatic payments can create zombie payers who no longer challenge or review the details and...
by Accent452023 | May 23, 2017 | Lifestyle, Retirement Planning, Taxes
Many people choose to work into their retirement years. If this is something you’re considering, here are some tips to make sure you get the greatest benefit from your efforts. 1) Consider delaying Social Security. You can start receiving Social Security retirement...
by Accent452023 | May 19, 2017 | Lifestyle, Travel
When setting your family budget, often the first thing that gets slashed is the summer vacation. However, if you plan ahead, you can find simple ways to save and keep your vacation on the calendar. Here are a few ideas. Flexible location. Sometimes you just want to...
by Accent452023 | May 16, 2017 | Lifestyle, Retirement Planning, Taxes
You’ve spent years saving for retirement, but now it’s time to plan the best way to manage your retirement savings withdrawals. Here is a potential method to help maximize your funds using a tax-advantaged strategy. First, look at Social Security and...
by Accent452023 | May 14, 2017 | Lifestyle, Taxes
A couple of years ago, the U.S. Treasury released a report highlighting a disturbing level of non-compliance in alimony reporting on tax returns. Since the report was released, the IRS has increased the scrutiny they place on tax returns with alimony claims. If you...
by Accent452023 | Apr 2, 2017 | Business, Lifestyle, Taxes
A simple way to think about your 1040 tax return is focusing on a single line, your Adjusted Gross Income (AGI). Anything “above the line” creates an AGI that can yield tax opportunities or tax consequences for anything “below the line.” Being...