You can’t avoid paying your taxes - but you can avoid the stress of tax season. From tax returns, credits and deductions to strategic prep and planning, we provide you with the information you need to make confident decisions when it comes to your personal taxes.
Taxes
Many people are unsure whether Social Security payments are taxable, and the answer often depends on the mix of income received during retirement. For a significant number of beneficiaries, taxes may apply because benefits usually combine with other earnings or withdrawals. That additional income can influence how much of the monthly payment is subject to […]
4 minute read
Taxes
A tax abatement is a form of relief that reduces the amount of tax a person or business is required to pay, sometimes lowering penalties as well when a reassessment shows a smaller liability than initially calculated. Although abatements can arise from overpayments, the term is more commonly connected to incentives designed to encourage investment […]
3 minute read
Taxes
A Schedule 1 tax form may be required when certain types of income or adjustments fall outside the items listed on a standard Form 1040. Often called “Additional Income and Adjustments to Income,” it serves as a place to report earnings or deductions that apply to a smaller share of taxpayers. Many filers never encounter […]
4 minute read
Taxes
Taxable income can feel confusing, especially when life changes introduce new earnings or unfamiliar financial situations. Wages, freelance work, tips, and other forms of compensation all contribute to the amount the government uses to determine your tax obligation. The total isn’t based solely on what you bring in, though. Deductions and certain adjustments reduce the […]
3 minute read