Jan 29, 2020 | Tax Planning
Hi! My Name is Marissa Willits and I’m...
Jan 9, 2020 | Tax Planning
When deducting automobile related expenses, it is imperative that you keep a mileage log. The IRS allows for two ways of deducting automobile expenses. Standard Mileage The first is taking the standard mileage rate. With this method, you take the number of miles you...
Dec 6, 2019 | Tax Planning
Calling the IRS might be one of the most frustrating experiences a person can deal with. To make matters worse, it can be a true challenge to actually reach a representative. The IRS does this by design. They already have a lot of calls that come in daily, but most...
Dec 6, 2019 | Tax Planning
I am very often asked if things like charity, state taxes, and medical expenses are deductible against your taxable income. Like most things in the world of tax, the answer is not a simple yes or no. The answer is more of a “sometimes.” When an individual files...
Dec 6, 2019 | Tax Planning
Tax planning can involve many different strategies. To understand the different options available to you, it’s important to understand what I call the five pillars of tax planning. Below you will find the pillars that every tax planning strategy comes from....
