Taxes

As a first-time homeowner, you may be aware of some of the additional costs of homeownership. This includes mortgage closing costs, homeowner insurance, monthly mortgage payments, and utility bills. However, one of the costs that rookie homeowners often overlook is property taxes. This is a simple tax on real estate properties. The amount is determined by […]

The Internal Revenue Service can be a complex labyrinth of red tape and bureaucracy. Even the most experienced accountants can sometimes struggle to get things done in a timely fashion. On the other hand, having any sort of outstanding tax issue can be both stressful and costly. So you absolutely need to make sure you […]

The Internal Revenue Service (IRS) just released updated information about the tax brackets for 2022. The new brackets have been adjusted for inflation, which has spiked up drastically during the pandemic. The 2022 income tax brackets will have the largest increase since Congress totally revamped the tax code in 2017. Existing Tax Brackets Bumped by […]

Most people think of their investments in terms of gains and losses. Unfortunately, very little thought is given to the potential tax implications. That is, until the Internal Revenue Service (IRS) comes calling. (And they always do.) However, the reality is that taxes play a big factor in investment portfolios, both large and small. Your […]