A quick look at your tax return can reveal some easy ways to reduce your taxes this year. One is to reallocate your investment income to make it more tax-efficient. And it’s not as complicated as it sounds.
00ADMINhttps://dev.fastforwardaccounting.net/wp-content/uploads/2023/03/Fast-Forward-Accounting-Solutions-Logo-Web.pngADMIN2021-07-05 21:29:522021-07-05 21:29:52How You Might Save on Taxes Just by Shifting Your Investments Around
To help finance his legislative agenda, President Biden wants to raise the top income tax rate for wealthy households to 39.6%, from the current 37%. That rate would affect single individuals with taxable income of more than $452,700 and married couples filing jointly with income over $509,300. CLICK ON THE HEADLINE FOR MORE
00ADMINhttps://dev.fastforwardaccounting.net/wp-content/uploads/2023/03/Fast-Forward-Accounting-Solutions-Logo-Web.pngADMIN2021-06-07 17:57:562021-06-07 17:57:56Biden’s Proposed 39.6% Top Tax Rate Would Apply At These Income Levels
The American Rescue Plan boosted child-care assistance through temporary changes to dependent-care FSAs. The law increased 2021 dependent-care FSA limits to $10,500 from $5,000, offering a higher tax break on top of existing rules allowing more time to spend the money. CLICK ON THE HEADLINE FOR MORE
00ADMINhttps://dev.fastforwardaccounting.net/wp-content/uploads/2023/03/Fast-Forward-Accounting-Solutions-Logo-Web.pngADMIN2021-05-31 16:19:042021-05-31 16:19:04Couples May Score A Bigger Tax Break With This Flexible Spending Account Strategy
The estate planning world is abuzz right now because President Biden is trying to do away with these favorable estate tax laws in an attempt to reduce his perceived economic inequality amongst Americans. In a nutshell, more families would have taxable estates under Biden’s plan. CLICK ON THE HEADLINE FOR MORE
00ADMINhttps://dev.fastforwardaccounting.net/wp-content/uploads/2023/03/Fast-Forward-Accounting-Solutions-Logo-Web.pngADMIN2021-05-24 17:32:462021-05-24 17:32:46Estate Tax Changes May Be Coming… Are You Ready?
00ADMINhttps://dev.fastforwardaccounting.net/wp-content/uploads/2023/03/Fast-Forward-Accounting-Solutions-Logo-Web.pngADMIN2021-05-17 17:12:242021-05-17 17:12:24May 17th Was Tax Day And The Tax Extension Deadline: What To Know About Filing Late, IRS Penalties
How You Might Save on Taxes Just by Shifting Your Investments Around
A quick look at your tax return can reveal some easy ways to reduce your taxes this year. One is to reallocate your investment income to make it more tax-efficient. And it’s not as complicated as it sounds.
Biden’s Proposed 39.6% Top Tax Rate Would Apply At These Income Levels
To help finance his legislative agenda, President Biden wants to raise the top income tax rate for wealthy households to 39.6%, from the current 37%. That rate would affect single individuals with taxable income of more than $452,700 and married couples filing jointly with income over $509,300. CLICK ON THE HEADLINE FOR MORE
Couples May Score A Bigger Tax Break With This Flexible Spending Account Strategy
The American Rescue Plan boosted child-care assistance through temporary changes to dependent-care FSAs. The law increased 2021 dependent-care FSA limits to $10,500 from $5,000, offering a higher tax break on top of existing rules allowing more time to spend the money. CLICK ON THE HEADLINE FOR MORE
Estate Tax Changes May Be Coming… Are You Ready?
The estate planning world is abuzz right now because President Biden is trying to do away with these favorable estate tax laws in an attempt to reduce his perceived economic inequality amongst Americans. In a nutshell, more families would have taxable estates under Biden’s plan. CLICK ON THE HEADLINE FOR MORE
May 17th Was Tax Day And The Tax Extension Deadline: What To Know About Filing Late, IRS Penalties
Tax Day was Monday, May 17th! Here are some things to know if you filed an extension. CLICK ON THE HEADLINE FOR MORE