We all know how important reducing taxes can be for our family finances, especially in these difficult times. But are some tax strategies better than others?
We received an interesting email from a long-time client today. She asked to be removed from our email list (though stay as a client) because she does not like our emphasis on reducing taxes.
Yesterday, my son, Sam, closed on his first home. Sam is a senior in high school and will attend the university next year.
Here we are less than a month from the due date of tax returns. Most of you are scrambling to get your information together for your accountant. You hope the tax bite is not too big this year.
This is the time of year when all Americans think about their tax situation and what they might do differently to reduce their heavy tax burden.
My son, Max, is bipolar. Even with proper medication, he has days when he is very “up” and days when he is very “down.” But, like most bipolar individuals, he is very intelligent.
This is the time of year that we contact all of our clients and suggest that they do some year-end tax planning with us. Many of you wonder why planning at this time of year is so important. Let me give you three quick reasons.
Yesterday, the ProVision office was scurrying about getting many tax returns to the IRS for our clients who waited until the last minute to give us their tax return information.
People frequently ask what is the number one tax question I get? Inevitably, whenever I speak at a seminar or to any group, the requested topic is “How do I structure my business and/or investments?”
Is a tax return prepared by the tax service in the mall of the same quality as that prepared by a major CPA firm? What does it mean to have a “quality” tax return? In fact, can a tax return be prepared in such a way as to reduce income taxes?