Buying a home? Working a summer job? Volunteering? Activities that are common in the summer often qualify for tax credits or deductions. And, while summertime and part-time workers may not earn enough to owe federal income tax, they should remember to file a return to get a refund for taxes withheld early next year.
2018 Tax Season is Officially Over
It’s hard to believe that its already May and tax season is officially over… but it’s true! During the last few months, we helped our clients wrap up another great (and busy) tax season. There was, as always, a lot of paperwork, emails, and nail-biting involved in the days preceding April 15, but that’s all been completed (the paperwork and emails, that is).
Many people question whether they really need to meet with an estate planning counselor, create a will, or name beneficiaries. Perhaps they just don’t own a lot of assets, or they’re comfortable with allowing the state to apply default actions after their death. Whatever the reason, those who doubt the necessity of estate planning often do so because they lack information about what estate planning actually is. Read More