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Articles View: Tax Planning

February 12, 2023
How Much Tax Should You Have Withheld?

Overpaying your taxes allows the IRS to hold onto your money longer. On the other hand, underpaying your taxes can result in a big tax bill in April that you might not be prepared for. The best way to avoid these problems is to strive to match the amount withheld as closely as possible to your actual tax liability, which will require some adjusting as changes occur in your life. Here’s some quick tips on how to do that.

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February 7, 2023
Tax Strategy: Timing is Everything

Waiting until just before April 15 to start thinking about your taxes may prove to be a costly mistake. Lowering your tax bill involves careful planning. A good tax strategy takes into consideration two time frames – “now” the 12 months of the current tax year, and “later” covers long-range tax strategies that benefit your future.

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April 20, 2021
5 Ways to Build a Better Tax Plan

Here are some strategies to consider helping your financial plan become more tax-efficient.

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