Tax Filing Errors to Avoid

The dawn of 2017 brings opportunities to create new resolutions or plans for the coming year — and also marks the beginning of tax season. While tax day on April 18th can seem far off, this year’s deadline will be here before you know it. As you start the process of gathering your tax documents and [...]

February 1st, 2017|

New Whitepaper: 2017 Tax Planning

We’ve all just gone through the holidays, travels, family gatherings, and more. And though life may still be busy, any free moments you can spare for a little tax planning will help you stay ahead in 2017. We’re happy to share with you highlights of tax planning tips. That way, you can create strategies today [...]

January 11th, 2017|

Simple Tips to Make Tax Time Less Taxing

Tax time! Are we having fun yet? I'm teasing, of course... Even I don't like filing taxes and I'm a financial planner. Nothing can eliminate completely the stress most taxpayers feel when dealing with the IRS. However, there are plenty of ways you can make tax time easier on yourself. Some good news: the filing [...]

March 22nd, 2016|

Protect Yourself from Tax-Related Identity Theft

Taxes are never far from our minds and with it comes with tax fraud. One particularly pernicious form of fraud is tax identity theft. Tax-related identity theft happens when someone uses sensitive personal information (like your Social Security number) and files a fraudulent tax return in your name to collect a refund. According to past [...]

February 25th, 2016|

Will Your Tax Bill Increase?

Did you know that individuals with no change in their income from last year could potentially owe the IRS because of tax law changes that went into effect in 2013? Do you know if you’re going to be one of those individuals? The modified adjusted gross income (MAGI) threshold for paying the new 3.8% Medicare [...]

October 16th, 2013|

Kansas State Tax Credit

I’m always looking into different tax saving strategies for my clients, and recently came across an opportunity that may be useful to some of you.  Are you someone who could benefit from Kansas State Tax credits while being charitable at the same time?  If so, check out this opportunity with Donnelly College, located in Kansas [...]

December 13th, 2011|

Important 2011 Tax Update

I attended the Financial Planning Association’s 2011 Current Tax Issues and Planning Strategies Seminar last week.  Below are some items of interest: Individual tax rates will remain 10%, 15%, 25%, 28%, 33%, and 35% through December 31, 2012loans idaho Itemized deduction phase out and personal exemption phase out will remain repealed through December 31, 2012 [...]

January 26th, 2011|

Year-End Tax Planning Tips

As you have probably heard by now, there are some pretty significant tax laws set to expire December 31st, 2010.  If Congress doesn’t pass new laws, the tax laws that were in effect at the beginning of the 2000’s will take effect again.  It is possible that Congress can pass laws effective January 1, 2011, [...]

December 2nd, 2010|

Unhappy with your 2009 Tax Return? Start planning for 2010 now…

I was recently asked by the Financial Planning Association (FPA) to give a Tax Planning presentation to participants at the Federal Reserve Bank of Kansas City's “Money Day at the Fed.”  Several changes have been made that people might be able to take advantage of for next year's taxes.   While I can’t list everything here (the [...]

May 3rd, 2010|

Taxes: Learn How to Stop Loaning the Government Your Money

Have you filed your 2009 tax return yet?  If so, are you expecting a refund check?  This situation is a double-edged sword.  No one wants to unexpectedly write a check to the IRS on April 15th, but no one should be happy about getting a big refund either.  A big refund is basically an interest-free [...]

February 15th, 2010|