It’s hard to believe that we’re already winding down the first quarter of 2022, it’s important to start thinking about your tax planning. While there are many things that can be done to reduce your taxable income, there are a few key steps that should be at the top of your list. Did you know we offer annual tax planning?
Continue readingDeductions vs. Credits on Your Tax Return
Now that tax season is in full swing and we are all preparing out tax return, you are probably seeing the words deductions and credits. What are they and how do they work?
Continue readingPre-retirement vs. Retirement Income Taxation
When thinking about taxes in retirement—surprise you still must pay taxes in retirement—most people look at their pay stubs and see how much they are paying in taxes. However, there are some taxes on your paystubs and W-2 that you do not have to pay.
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