What Tax Records Should I Keep?

by | Mar 1, 2017 | Blog, Taxes

It’s that time of year when you are getting ready to sort out last year’s financial records and prepare for this year’s recordkeeping. Do you know what you should keep and what can you throw away? Here are some suggestions. Keep records that directly...

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...

Three New Tax Filing Deadlines

by | Jan 18, 2017 | Blog, Taxes

As you begin preparing your final payroll tax returns for 2016, take into account earlier due dates for two common information reporting forms and one extended due date for health coverage reporting forms. Forms W-2 for 2016 are due January 31. The January 31 deadline...