Tax Planning

Tax Planning

With tuition rates and fees going up every year, seeing your child graduate with their college degree may sometimes feel like an impossible dream. However, it doesn't have to be like this. In fact, if you start planning early on and explore various options, you may find that paying for your child's education may be easier than you expected.

Posted October 20, 2021
Tax Planning

When the golden years approach, many soon-to-be retirees start looking for better horizons. A higher quality of life often means relocating to a new state. When it comes time for you to retire, you may get the relocation bug, like many other retirees before you.

Posted October 12, 2021
Tax Planning

In case you haven't noticed over the years, the federal government tends to move at a very slow pace. This is particularly true of the IRS, where speed is something that rarely, if ever happens. Unfortunately, this is very frustrating when it involves your tax refund.

Posted September 28, 2021
Tax Planning

One of the best ways to put away money for your retirement is with a Roth IRA. A Roth IRA differs from a traditional IRA in that a Roth IRA lets your money grow tax-free, plus allows for tax-free withdrawals. Knowing that, it’s easy to understand why this is such a popular savings option for so many people.

Posted August 11, 2021
Tax Planning

If you are like many people, you may be involved in cryptocurrency trading, such as Bitcoin. If this is the case, don't assume that you have found a Shangri-La that means any money you earn is not sought after by the IRS to be taxed.

Posted July 14, 2021
Tax Planning

Now that you are close to retiring, you need to decide where you wish to spend your post-work life. Even if you have planned well and have plenty of financial resources at your disposal, you also realize that money doesn't go as far as it did years ago.

Posted May 27, 2021
Tax Planning

Hello everybody!

Just a reminder that 2021 1st quarter estimates are still due by 4-15-21

Yes, IRS & Oregon have both extended the 2020 individual tax filing deadline (for forms 1040/40) by one month, to May 17, 2021. But NOT the estimates...

Posted March 31, 2021
Tax Planning

If you are like many people, you are thinking about what may be ahead as you near retirement.  Whether you are within a few years of retirement or still have decades to go, contributing as much as possible to your retirement plans can pay off big in the years ahead.  But as you know, the contributions to various plans can change fro

Posted February 9, 2021
Tax Planning

Hi there & happy New Year, 2021!

Things to do, "taxwise", for the new year...

I N D I V I D U A L S

* please take a look at the tax organizer which was mailed to you on 12-23-20 - and see the list on 2nd page - "a few items to start"... 

Posted December 31, 2020
Tax Planning

Tax planning you may wish to do by 12-31-20.

Hello again clients & friends!

This is 2020's main tax planning blog...

Posted October 31, 2020