There are many new changes from the IRS for tax year 2023. Read about the tax bracket changes, standard deduction increase, capital gains thresholds, and see how they compare to 2022. Seven things you should know to plan for next April 2024 for filing your tax return and maximizing …
Filing 2018 Income Taxes and Proactive Tax Planning for 2019
Tatyana Bunich CEP.RFC — 410-908-9293 Tax planning should always be a key focus when reviewing your personal financial situation. One of our goals as financial professionals is to point out as many tax savings opportunities and strategies as possible for our clients. This special report reviews some of the broader tax law changes along with a wide range of tax reduction …
Year-End Tax Moves for 2018
Tatyana Bunich CEP.RFC — 410-908-9293 One of our main goals as holistic financial advisors is to help our clients recognize tax reduction opportunities within their investment portfolios and overall financial planning strategies. Staying current on the ever-changing tax environment is a key component necessary to help our clients benefit from potential tax reduction strategies. On December 22, 2017, President Trump signed …
The Draft 1040: Adjusted for the Tax Law Changes
2018 IRS Form 1040 Draft Released Tatyana Bunich CEP.RFC — 410-908-9293 The ratification of the 16th Amendment allowed for the collection of income tax. Starting in 1913, American taxpayers used IRS Form 1040 to prepare and file their tax returns. The first tax return was three pages with only one page of instructions. Over the last 100+ years, the length of …