Disclaimer: Some articles may be outdated because of the new “tax cuts and jobs act” passed in December 2017.
Tax Returns Due Dates
Know when your return is due. Partnership, S -Corp, and C-Corp returns are filed earlier. You’ll want to plan accordingly. Partnership – March 15th, 2022 S-Corp – March 15th, 2022 C Corp – April 18th, 2022 Fincen/FBAR – April 18th, 2022 Personal – April...
Effects of 2018 Tax Reform Law on Individuals, Deductions and Credits
Effects of 2018 Tax Reform Law on Individuals, Deductions and Credits By Ken Berry, J.D. - CPA Practice Advisor Tax Correspondent On Jan 2, 2018 Have you read the new tax reform law yet? Officially called the Tax Cuts and Jobs Act (TCJA), the new tax...
2018 Tax Reform Law has Benefits for Some Small Businesses
2018 Tax Reform Law has Benefits for Some Small Businesses By Ken Berry, J.D. - CPA Practice Advisor Tax Correspondent On Jan 2, 2018 The monumental new tax law signed late in 2017 – the Tax Cuts and Jobs Act (TCJA) – has been hailed as a boon for big business. But...
What you need to know about withdrawing money from tax advantaged retirement plans
Tom Woulfe CPA, Partner, Evans & Woulfe Accounting Inc. If you have retirement savings in IRAs, 401(k)s and/or business-sponsored retirement plans, one essential element of retirement planning is when to take required minimum distributions (RMD) from...
Six Strategies to reduce RMD
Tom Woulfe CPA, Partner, Evans & Woulfe Accounting Six Strategies to reduce RMD Defer taking social security benefits, which results in higher social security payments in future years. Instead, take IRA distributions for living expenses before RMD...
Income Layering – A Comprehensive Breakdown (Video)
Sharron Evans CPA, Partner, Evans & Woulfe Accounting Evans and Woulfe Accounting present this in-depth breakdown on income layering.
2 Minute Tax Breakdown: RMDs (Video)
Sharron Evans CPA, Partner, Evans & Woulfe Accounting 2 Minute Tax Breakdown: RMDs
2 Minute Tax Breakdown: Early Withdrawals (Video)
Sharron Evans CPA, Partner, Evans & Woulfe Accounting 2 Minute Tax Breakdown: Early Withdrawals
2 Minute Tax Breakdown: Discharged Debt (Video)
Sharron Evans CPA, Partner, Evans & Woulfe Accounting 2 Minute Tax Breakdown: Discharged Debt
2 Minute Tax Breakdown: Filling The Gap (Video)
Sharron Evans CPA, Partner, Evans & Woulfe Accounting 2 Minute Tax Breakdown: Filling The Gap