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Tax Doctor

• Know the Tax Consequences of Your Stock Trading
  Don’t let your stockbroker off the hook when it comes to tax planning.  Many people work with brokers when they buy and sell stocks.  Many people now, because of the internet, also have become their own stockbrokers, doing their own research and trading on various platforms.  Whether you use a professional or do your trades yourself, you still […]
• Plan Now to Save Later
  It’s May and the 2021-2022 tax filing season has finally come to an end (for most of us), and for many with a familiar recurring moooooan and grooooooan of having paid too much in taxes.  Now is the time to take your preventative medicine and avoid the pain next year! Being human, we all form […]
• Did Your Withholdings and Estimated Tax Payments Equal Your Tax Due? Should It?
  For people with just one or two W2s and perhaps a daycare deduction, getting the amount of tax paid into the IRS to come out correctly is easy enough and can be done within a 95% accuracy rate. The IRS gives the follow instruction: All taxpayers should review their federal withholding each year to make […]