Off-Season Tax and Investment Strategies for 2019

Since we’re heading into summer, you might think it’s a good time to sit back, relax, and not think about taxes. This is a great time for off-season planning, however! The memory of how well – or how poorly – tax season went is still fresh, and there is plenty of time to act on … Continued →

How to Calculate Estimated Taxes in 2019

If this most recent tax season taught us anything, it was the need to check withholding at the beginning of the year – and throughout the year, too. Many Americans were surprised to learn their tax refunds were much lower than expected, and many others owed taxes unexpectedly. These unpleasant surprises can be avoided with … Continued →

IRS Withholding Woes: 2019 Tax Season Off to a Rocky Start

If you’re used to a big tax refund each spring, don’t make plans for this year’s refund just yet. Millions of Americans who already stated filing their taxes anticipating a refund are getting noticeably less. Some taxpayers even owe money when nothing changed in 2018. What did change in 2018 was tax withholding. And with … Continued →

Income Tax Planning for Dentists in 2019

Now that tax season is here, you’re probably gathering last year’s receipts and financial documents and preparing for the meetings with your dental CPA. Even though your CPA will handle the heavy lifting, here are a few common items that are essential to tax planning for dentists. Tax Savings for 2019 and Beyond Health insurance … Continued →

How Will the Government Shutdown Affect Tax Season?

The U.S. government was partially shut down on December 22, 2017 and was recently reopened last week; a record-breaking length of time. Although most of the damage to the economy will be reversed as federal workers return to their jobs, the CBO estimated $3 billion in economic activity is permanently lost. How will this affect tax … Continued →