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2015 Retirement Plan Limits

This year has flown by and as we approach year end, the IRS shares the numbers that will impact your 2015 retirement savings limits. 2013 inflation was low enough that we saw no increase in '14. 2015, however, sees a bit of a bump, so let me share these numbers. Employee contributions to 401(k), 403(b), [...]

An Illogical Situation

I was hoping for an appropriate political cartoon to share regarding the Apple fiasco from this past week. I was counting on a scene titled "The Big Apple Circus" and the Senators who grilled Tim Cook would be illustrated as clowns asking rhetorical questions about the tax code. Instead I'll be happy with a Star [...]

A Series of Unfortunate Events

Just as one issue starts to be put behind us, it seems another comes to take its place. Unfortunate events, indeed.

5 Essential Steps to Prepare for Tax Season

Meeting with professionals or doing taxes yourself can prove stressful, as it’s often required to have numerous documents, legal forms, bank account information, tax IDs, and more, all at your fingertips. Here are some tips from professionals that can help you make this tax season a little less stressful. 1. Get organized Even though we [...]

Reporting Tips on your Tax Return

A few weeks back, a story made the news about a Pastor who received a bill at an Applebee's that included an 18% tip as the Pastor was part of a group of 20 people. Keep in mind, unless you have been hiding under a rock for the last 50 years, it's common to see [...]

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