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Contributing to your retirement accounts is an important investment into your financial future—but it can offer you some tax benefits too. It’s important that you consider both the immediate and future tax implications of your retirement contributions so that you can take control of your finances an...

For those who have never had Social Security Benefits on their tax return, it’s important to understand how Social Security is taxed. Many people believe that this type of income is never taxed, but this is not always the case. The amount of your benefits that is subject to tax is based on your tota...

YTD Financial Summary 

This first section of your financial package provides you with a snapshot of your financials, including your balance sheet, profit and loss statement, and cash flow statement. By compiling this data in a clear and easy-to-read printout, you can begin to get a feel for how ...

Do I Have to Pay It Back? 

This is often the biggest question on people’s minds, and it’s a natural one. After all, how many of us were taught that there’s no such thing as a free lunch? But the answer to this question is no, you will not have to repay the government. This is not a loan, but is ...

Easy-to-Use Online Tool 

Non-filers will be happy to know that claiming your economic impact payment will still be quite simple and easy to do. The new online tool, launched on the 10th of this month, can be found on the IRS website, here. Or, you can visit IRS.gov and look for “Non-filers: Ente...