Blog

Tax Tips for Last-Minute Tax Filers

Mar 30, 2023 10:56:01 AM / by Dave Boelman posted in Tax Services

0 Comments

 

If you still have not filed your taxes for 2022, don’t panic.  The IRS estimates that 1/3 of Americans wait until the last minute to complete their tax preparation.  It is not the ideal way to handle your tax return, but it’s not too late to get all of your documentation in order and file an accurate return that includes all of the tax credits and tax deductions you are entitled to claim.  The important thing is to get started now and commit to filing what you need by the April 18th deadline.

Read More

Focus on Your Profits: How Tax Services Can Help Your Small Business

Mar 9, 2023 10:15:00 AM / by Dave Boelman posted in Financial Planning, Tax Services

0 Comments

As a small business owner, one of the most important aspects of running a successful company is managing your finances. While keeping track of your expenses and revenue is important, it's equally important to make sure you're paying the correct amount of taxes each year. This is where tax services can be invaluable to your small business. In this article, we'll explore how tax services can help your small business increase profits and stay compliant with tax laws.

Read More

Get Your Taxes Done Right: Expert Tax Preparation Services

Feb 23, 2023 9:18:00 AM / by Dave Boelman posted in Tax Services

0 Comments

Filing your taxes can be a daunting task, especially if you're not familiar with the process. It can be time-consuming, confusing, and even stressful. Legislation like the Affordable Health Care Act, and the Tax Cuts and Jobs Act make even simple returns more difficult. However, it's a necessary task that needs to be done to avoid penalties and fines from the IRS. That's why it's essential to consider expert tax preparation services to help you get your taxes done right. In this article, we'll discuss the benefits of hiring a professional and how they can help you save time and money.

Read More

Who Pays the Taxes When You’re Dead?

Jan 14, 2020 2:00:00 PM / by Dave Boelman posted in Financial Planning, Tax Services

0 Comments

You’ve probably heard the term “death tax,” but what does it mean? Dead men tell no tales—nor do they pay taxes. When you pass away, who has to pay tax on what you leave behind? That depends on several factors, including how much you leave, the people and/or organizations you leave it to, and how you go about transferring it. To get a basic understanding of how this all works, we’ll look at three kinds of taxes: estate tax, gift tax, and inheritance tax.

Read More

What to Do with That Letter You Just Got from the IRS

Dec 20, 2019 9:53:00 AM / by Dave Boelman posted in Tax Services

0 Comments

Do you get that sinking feeling in the pit of your stomach when a letter arrives from the IRS? If so, you’re far from alone. The good news, however, is that letter is probably nothing to worry about.

Read More

5 Benefits of Having Tax and Financial Services Under the Same Roof

May 17, 2019 1:52:00 PM / by Jason Shaw posted in Financial Planning, Tax Services

0 Comments

Tax planning and preparation is an essential part of an overall financial plan. To make the most of your income and assets, it’s important to consider the tax implications of every financial move you make. Likewise, an understanding of the wide range of investment choices available is beneficial in the effort to keep your tax obligations to a minimum. 

Read More

What Tax Benefits Can I Claim When Adopting a Child?

Mar 10, 2016 2:00:03 PM / by Dave Boelman posted in Tax Services

0 Comments

If you recently adopted a child or are currently in the process, you may be able to claim tax benefits for the costs associated with your adoption efforts. Here are the basics on how to qualify and what costs you may be able to claim.

Read More

Divorce Raises Questions About Your Tax Return

Feb 26, 2016 12:10:32 PM / by Dave Boelman posted in Tax Services

0 Comments

If you are in the midst of a divorce, or if your divorce was finalized in 2015, your tax return will require extra attention this year. It’s important to consult with a qualified tax professional to ensure that your return is completed properly and accurately and that you claim all of the tax benefits to which you are entitled.

Below are just a few of the questions that your recent or pending divorce may raise about your return.

Read More

Filing Taxes for the First Time? Here’s What You Need to Do.

Jan 15, 2016 12:25:36 PM / by Dave Boelman posted in Tax Services

0 Comments

Filing taxes for the first time doesn’t have to be intimidating. Doing it right does require a certain amount of focus and organization, however. Taking these steps will help you to ensure that your first tax return is accurate and complete.

Read More

Keep an Eye Out for Form 1095

Dec 28, 2015 1:29:11 PM / by Dave Boelman posted in Tax Services

0 Comments

If you or some members of your family had health insurance during 2015, you’ll want to keep an eye out for Form 1095, which should arrive in the mail sometime in early 2016. Make sure to keep this form with your W-2s and other income tax forms that your tax preparer will need.

Depending on what type of health insurance you had or were offered during 2015, you will get one of three 1095 forms.

Read More