Tax Planning 2017

by | Feb 22, 2017 | Blog, Taxes

Each year, certain tax figures are adjusted for inflation. While most figures are unchanged versus 2016, there is more than a 7% increase to the maximum earnings subject to social security tax. Take note of these numbers for use in your 2017 planning. The maximum...

“Dependent” Defined

by | Feb 15, 2017 | Blog, Taxes

Many people think of a “dependent” as a minor child who lives with you. This is true, but it’s important to remember dependents can include parents, other relatives and nonrelatives, and even children who don’t live with you. Exemptions and...