Pay-As-You-Go

I was in a Political Science course recently and was surprised to realize that there are some who do not understand the correlation between the tax dollars we pay and the money that the government has to spend. In other words, our taxes are what the government has available to them to spend. Consider the … Continue reading Pay-As-You-Go

The Plot Thickens

Hi, everyone! I think I am finally recovered from tax season. Today the IRS released a new W-4 form to more accurately reflect the amount of tax liability that you will have during 2019. You can view the new form here. Although the first page does not look very different, the worksheets that accompany the … Continue reading The Plot Thickens

Bracket vs. Effective, huh?

Every industry has their own jargon; their own foreign language. Using everything from buzzwords and phrases like “dive deep” or “put a pin in it” to legalese like “prima facia” and “ipso facto,” professionals expect you to understand what they are talking about. The tax world is no different. Bifurcating the depreciation versus taking a … Continue reading Bracket vs. Effective, huh?

The Fine Print

No Rendering of AdviceThe information contained within this website is provided for informational purposes only and is not intended to substitute for obtaining accounting, tax, or financial advice from a qualified professional.Presentation of the information via the Internet is not intended to create, and receipt does not constitute, a professional-client relationship. Internet subscribers, users and … Continue reading The Fine Print