Articles Tagged - taxseason

Retirement Savings and Tax Deduction Strategies for 2018 Filers

By Wiss, Posted in Tax

Whether you’re self-employed or working for someone else, tax filing season is a great excuse to start thinking about strategies to lower your taxable income and maximize your retirement savings.  You still have time. You have until April 15 to make contributions to your retirement accounts and have it apply to the 2018 tax year. If you file for an extension, your deadline for doing this in 2019 is October 15. The following information will be especially useful if you discover or suspect you&rs... read more.

How to Make 2016 Your Most Organized Tax Year Ever

By Wiss, Posted in Tax

By Paul Ursich So you and your company survived another tax deadline. Congratulations. Now, while the memory is still fresh, is the ideal time to conduct a post-mortem of your current process to identify shortcomings and strategies that will help you boost efficiency and accuracy next year. Here are a few suggestions you can use to kick-start your new processes. Review withholding allowances Large tax refunds seem like a good thing when you get them, but it means the government has been using your funds... read more.

Protecting Your Personal Information During Tax Season

By Wiss, Posted in Tax Alerts

Protecting Your Personal Information During Tax Season By Wiss Associate  As accountants, we understand that your identity is just as important as your financial well-being.  With tax season just around the corner, scammers will use this opportunity to get access to personal information.  Some common strategies include receiving calls from: A self-proclaimed “Governmental Agency” U.S. Treasury or IRS Sweepstake entry representative We’ve all heard stories of s... read more.