Want to Avoid a Tax-Time Surprise? Review Your Taxes Today
As we get older, many things in our lives begin to change. Some of us get married, have babies or even decide to pursue a different career. When these events occur, taxes are probably the last thing on your mind. However, if your life looks even a...
Californians With No Health Insurance Will Face Tax Penalties
According to the U.S. Census Bureau, more than 2.8 million Californians don’t have health insurance. Those who choose to go uninsured are in for a rude awakening. A new law went into effect on January 1st stating that all CA residents must have health...
7 Ways Your Taxes Will Be Different When You File in 2020
More tax changes are heading your way but don’t worry, it’s not another drastic overhaul. Many key figures were adjusted to account for inflation and a couple new tax rules are going into effect. Here’s what you need to know to get ready for 2020. The...
What Tax Deductions Are No Longer Available?
Thanks to the Tax Cuts and Jobs Act (TCJA), you can expect big changes when you file your tax return. The standard deduction has been increased and some itemized deductions have been eliminated or reduced. As a result, it’s anticipated that fewer taxpayers will...
How to Get Organized for Tax Season
How to Organize for Tax Season One of the best ways to reduce tax time stress is to get organized for the tax season ahead of time. Organizing your documents in advance will help make doing your taxes smoother and easier. Here’s how to get ready. Keep last year’s tax...
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