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Tax Planning & Preparation
Minimize both your current and future tax liabilities.
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Tax Doctor
- Lower Your Tax Bill More by Using a Qualified Charitable DistributionThis is the time of year when people often start taking personal inventory of how fortunate they are and start considering charitable contributions as a way to “give back” a little. For some, it’s an automatic budget item in their day to day lives, but for others it’s a new activity. For many years the […]
- Why Do People Fear Tax Audits More Than They Fear Overpaying?Ask anyone if they “pay too much income tax” and the knee jerk reaction is almost always, “Yes!” and without much hesitation. Why do we call that a knee jerk reaction? Because if you then follow the question up with two more questions, “What did you pay in federal tax last year? And/or what bracket […]
- Not Everyone Should be Trying to Lower Their Tax BillIt may sound odd when you say it out loud, but after considering all the facts, it’s quite true. It’s an emotional but understandable reaction to think you always want to lower your tax bill as much as possible. However, except in the case of death, the tax code is basically a case of “tax […]
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