Below you'll find a list of all posts that have been tagged as “Tax Advice”
Increased Standard Deduction One major change is the adjustment to the standard deduction. For tax year 2026, the standard deduction increases to $32,200 for married couples filing jointly. For single taxpayers and married individuals filing separately, this rises to $16,100, while heads of households will benefit from a standard deduction of $24,150. These increases can significantly reduce taxable income, providing …
As the year draws to a close, now is the perfect time to take control of your financial future. Whether you’re an existing client or considering working with us, proactive tax planning can help you maximize savings and minimize surprises when tax season arrives. Why Act Now? Simple Steps You Can Take Today Review Your Income and Deductions: Assess your …
“You are worse than the Dentist.” It’s tax time. According to some of my clients-one of the worst days of the year. Most of my clients are patriotic Americans, but they don’t want to pay more taxes than they have to. Over the years I have noticed most of my clients initially focus on deductions. Should I buy a house …
If you have a large estate with adjusted gross value coming to a minimum of $5.34 million starting 2014, a big chunk of it will be gobbled by the federal estate taxes. Although there is no state inheritance tax in Arizona, any trusts and estates exceeding state exemption will result in you paying income taxes. The list of other taxes …
