Getting Ready to File Your Tax Returns
The IRS recently announced January 23rd as the official start to the 2023 tax filing season! With W-2 and 1099 reporting deadlines mostly in the rear view mirror and that information starting to arrive in your mailbox, now is a great time to start accumulating your...
Massachusetts Taxpayer Refunds Update
Massachusetts Taxpayer Refunds Update On November 1st, Massachusetts Department of Revenue began distributing tax refunds in accordance with Chapter 62F, a Massachusetts tax law that requires excess revenues to be returned to taxpayers. The distribution is based off...
Real Estate Investing – How Material Participation Can Reduce Your Taxes
Real Estate Investing – How Material Participation Can Reduce Your Taxes When done right, real estate investing is an extremely popular and proven strategy to accumulate wealth and create stable cash flow. One of the most attractive reasons investors flock to...
To Refund or Rollover – Don’t be a Piggybank
For #individuals To Refund or Rollforward? When filing your #taxes, you may end up in a position where your total tax owed is less than the tax you paid during the year. This means you overfunded your tax piggybank! By law, the IRS must give you the option to receive...