by admin | Apr 22, 2022 | Tax
This is not about what I see as the most underreported tax story of 2021 – people who can save thousands from filing separate returns and avoiding credit phaseouts. You can read about that here and here. This is for the people who year in year out are...
by admin | Apr 21, 2022 | Tax
I recently wrote about the phenomenon of married taxpayers filing separately in order to avoid phaseout of recovery rebate and child credits. I picked up on the story by following #TaxTwitter, where tax pros go to commiserate. My sources on the tax press have...
by admin | Apr 21, 2022 | Books
When it comes to book movie adaptations, the one that always pops into my mind is Lord of the Rings. Overall I was pretty pleased with it for whatever that is worth. I didn’t miss Tom Bombadil, but I greatly missed the scouring of the Shire. I would actually...
by admin | Apr 16, 2022 | Guest Post
by Amos Faulkner Image via Pexels Keeping your business’s cash flow positive gives you more room to respond in case of emergencies or time-sensitive investment opportunities. It gives your business improved creditworthiness, opening up more lines of capital...
by admin | Apr 15, 2022 | Tax
The pressure on married couples to file joint returns is so strong that I am considering an addition to Reilly’s Laws of Tax Planning – Joint filing is an election. It is not one of your marital vows. It has generally been a harmless delusion for the...