Tax Planner Spring Lake, Manmouth County: Stop Overpaying Taxes, Be Compliant and Maximize Returns
Why do we always feel like taxes take more than their fair share? It’s a question most of us have asked at least once, probably while staring at a tax bill and wondering if there’s a better way. Taxes can feel overwhelming, and let’s face it, New Jersey’s tax rules don’t make things any simpler. […]
Start Now or Regret Later: 5 Simple Steps to Boost Your Tax Refund for Next Year
Now that the tax deadline is behind us, it’s easy to push taxes to the back of your mind. But here’s the thing – the best time to start planning for next year’s refund is right now. I know taxes aren’t exactly fun to think about, but taking a few proactive steps today can make […]
Understanding Taxes on Social Security Benefits in 2025: What You Need to Know
Social Security benefits provide financial support to millions of retirees, survivors, and disabled individuals. However, many are surprised to find out that these benefits may be subject to federal taxes. If you have additional income from a job, pension, or investments, you might need to pay taxes on a portion of your Social Security benefits. […]
Roth IRA 101: 10 Crucial Points You Need To Know
Tax-free income is what every taxpayer dreams of, and with a Roth account, that dream can become a reality. Whether you’re saving for retirement or looking for ways to optimize your tax strategy, a Roth IRA offers a powerful way to build a tax-free income stream. Since its introduction in 1998—followed by the Roth 401(k) […]
6 Benefits of Early Tax Filing: Save Money, Reduce Stress, and More!
Many people wait until the very last minute to file their tax returns, even though there are advantages to tax filing early. If you’re expecting a refund, filing sooner means getting your money back faster. Even if you owe money, there are still benefits to getting your return submitted early. The deadline to file your […]
Avoid These 6 Common Tax Mistakes To Prevent an IRS Audit
Tax season can be stressful. Filling out forms and gathering information can feel overwhelming, especially for first-time filers. There’s also the worry about getting audited by the IRS, which is increasing its audits on high-income taxpayers this year. An audit is basically a check by the IRS to make sure your tax information is correct. […]
Student Loan Forgiveness and Taxes: A Guide for Borrowers in 2024
If you had your student loans forgiven last year, you might owe state taxes. You might have received a tax form called 1099-C, which shows any cancelled debt. It’s important to report this when you file your taxes, just like any other income. Around 153,000 borrowers had their student loans forgiven recently. The good news […]
Tax Season 2024: Claim Every Dollar You Deserve with Child Tax Credit & EITC
Being a new parent means juggling priorities, and taxes might not be at the top of your list. However, even with the challenges of sleepless nights and staying home, it’s essential to make time for tax preparation. Your tax situation becomes more complex with a new child, but the upside is that you become eligible […]
Tax Filing is Open – File Now for Potential Boost in 2024 Refunds
The IRS began accepting tax returns on Monday to commence the 2024 tax season, promising improved service for taxpayers. Many people want to know if they’ll receive a larger tax refund and how quickly the IRS will disburse their funds. Over half of Americans intend to file their taxes early this year to expedite their […]
Technology’s Impact on Easing Tax Compliance and Reporting
In today’s fast financial world, data is crucial for taxes. But, for many companies, getting data from different places to do taxes and reports can be tough. It’s hard to put all the data together, do complicated math, and make reports. This can take a lot of time and lead to mistakes. Benjamin Wann, owner […]