Did you know great tax reads are right at your finger tips?
Let’s be honest. Taxes are complicated.
That’s why many of our clients have entrusted us with taking the guesswork out of filing their taxes. We pride ourselves on providing valuable, timely advice regarding your tax needs; and we’re able to do so because we continue to educate ourselves on changes in tax law.
But even before meeting with us or your preferred CPA, you probably have some questions that come to mind. It never hurts to prepare yourself for tax conversations that might impact you.
In comes the age of information…
As long as you know how to identify a reliable source, most of your questions can be answered online. With our managing partner being a Dave Ramsey Endorsed Local Provider, one of our favorite trusted sources is… well… financial expert Dave Ramsey.
To kick you off with some great reads regarding your most common tax questions, we’ve written brief teasers to 3 recent Dave Ramsey articles, with links to the articles-in-full.
Common Questions Answered - 3 Great Reads:
Online or Tax Pro: Which Is Right for You?
You may be surprised we’re teasing this article. After all, why would we want you to go with online tax filing software instead of us? The truth is, we want you to find the solution that is best for you. If you only have a basic W-2 and plan on taking the standard deduction, it is, in fact, possible that online tax filing software might be right for you. But if you own a business, have multiple sources of income, or plan to itemize your deductions, using a CPA can save you a lot of time and money in the long run. While this article highlights some of the advantages of using online tax filing software, it more-so validates how important a true tax pro can be come tax time…
What Do I Do If I Can't Afford to Pay My Taxes?
Believe it our not, it happens to many people. Whether they don’t account for income earned on a side hustle or they under-estimate their tax payments, many people find themselves stuck with a scary tax bill. If this situation applies to you, you have options. This article talks about things to consider when you can’t afford to pay your tax bill, including setting up a payment plan with the IRS.
Married? Pay Attention to These 4 Things at Tax Time
First comes love, then comes marriage, then comes… a tax headache? Not necessarily. Sure, there’s a few formalities that have to be addressed after getting married. But it’s not all bad news. For example, now that you’re married, you may even save money by filing a joint return. This article is a great read for anyone who is recently married (or thinking about getting married).