Posts about deductions

How to Make the Tax Code Work for You

How to Make the Tax Code Work for You Presented by Marc Aarons By May 20, 2022, over 145 million taxpayers had dutifully filed their federal income tax returns. And they all made decisions about deductions and credits – whether or not they realized it.1 When you take the time to learn more about how […]

Annual Tax Guide- A Guide to 2023 Tax Law Changes

2023 TAX GUIDE How to Prepare for Tax Season Presented by Marc Aarons Understand Where Your Federal Tax Dollars Go In this guide, we will explore where your tax dollars go, some of the ways tax filing may look different, and what you can do to prepare. Keep in mind, this guide is for informational […]

Overlooked Tax Deductions for Small-Business Owners

Helpful tips for tax time.  Provided by Marc Aarons at Money Managers, Inc.  Being a small-business owner isn’t easy. After all, balancing payroll, managing employees, drawing up marketing plans, and handling the bookkeeping can be stressful! Luckily, the Internal Revenue Service (I.R.S.) allows small-business owners to take some surprising deductions, which may help come tax […]

Less SALT for Taxpayers to Subtract

Less SALT for Taxpayers to Subtract What does the new federal cap on state and local tax deductions mean for you? Provided by Marc Aarons @ Money Managers, Inc. Have you routinely itemized your federal tax deductions? In 2018, you may decide to take the standard deduction instead. One possible reason: the new limit on […]

How the Tax Reforms Will Take Effect

Some of the impact of the Tax Cuts & Jobs Act will be felt later than January 1. Provided by Marc Aarons at Money Managers, Inc.  President Donald Trump signed the Tax Cuts & Jobs Act into law on December 22, and on January 1, some key details of the Internal Revenue Code will abruptly […]

Your 2018 Financial To-Do List

Things you can do for your future as the year unfolds. Provided by Marc Aarons @ Money Managers, Inc                         What financial, business, or life priorities do you need to address for 2018? Now is a good time to think about the investing, saving, or budgeting methods you could employ toward specific objectives, from […]