Feature Article: Getting Ready for Tax Season
Most people start to get their 1099s from work by late January and their 1099-B and 1099-DIV will start to arrive a short time later. We will remind readers that CFD Tax Planning can help.
The SECURE 2.0 Act and Small Businesses
A recent study by Gallup found that only 23% of employees are engaged with their work. When you are not engaged, your heart isn’t in your work—so any job might work for you.1
An Inside Look at Online Fundraising Platforms
We all get them from time to time. A request from a family member or friend for an online contribution to sponsor some event. But what are these online fundraising platforms all about?
Tax-Ready Retirement
Much attention is paid to taxes, especially during retirement. But how much, or how little, should tax management influence your investment decisions after you’ve retired?
Quiz: Tax Facts
How many phone calls a day does the IRS receive during tax season? What percentage of people wait until the very last day to file their tax returns? Test your tax knowledge with this quiz!
Preparing for Tax Season
Tax documents will begin to arrive soon, and it’s critical to know how to handle the information. Which documents will your tax preparer want to see, and how long should you keep these documents? This article will provide some general guidelines.
HISTORY OF THE ALTERNATIVE MINIMUM TAX
Sometimes a new law is passed and many people say, “That’s all
right. That’s going to affect somebody else. Not me.”
Charitable Gifting
There are several different types of property that can be donated to charity, and a gift is limited only by your imagination. Are you the type who wants to donate cash, stock, or your lunch box collection from a 1960s sitcom?
Am I Having Enough Withheld?
If you fail to estimate your federal income tax withholding properly, it may cost you in a variety of ways. If you receive an income tax refund, it essentially means that you provided
the IRS with an interest-free loan during the year. By comparison, if you owe taxes when you file your return, you may have to scramble for cash at tax time – and possibly owe interest and
penalties to the IRS as well.
Surviving An Audit
Even the most honest of taxpayers can be left trembling at the thought of an IRS audit. Let’s face it — it’s right up there with public speaking. To survive an audit, you’ve got to arm yourself with information You should understand what the audit process is all about, why your return was audited, what your rights and responsibilities are, and how you can appeal the findings.
An audit is not an accusation of wrongdoing.
