INSIGHTS
We See Things Differently
When we’re not addressing clients’ needs for business and financial advisory, assurance or tax matters, we’re researching, learning and thinking about related subjects. Check out some of our thinking on a broad variety of topics that may impact your organization. And if you’d like to learn more about any of these topics, we’re always happy to talk.
What You Need to Know About Filing a Tax Extension
Filing taxes can be stressful, and even well-prepared individuals may need more time. Opting for a tax extension can be a practical solution in these situations. Here is a brief overview of some important things you’ll want to know about before filing a tax extension.
Extended & Increased: A Breakdown of the Latest Changes to Solar Energy Tax Credits
The federal solar energy credit is a tax credit that can be claimed on federal income taxes for both individuals and corporations. The credit was recently extended and increased starting FY2023. Here is a breakdown of the latest changes.
What are the 2024 Individual Income Tax Deadlines
While the official deadline to file your federal income tax return isn’t until April 15, 2024, there are a few key dates you should be aware of to avoid penalties and ensure a smooth tax filing process.
Updates to the Standard Deduction for 2024
The IRS recently announced several important inflation-related updates for the 2024 tax year that will be applied to returns filed in 2025. Among those changes was an increase to the standard deduction. Here is a breakdown of the new standard deduction amounts for 2024.
An Overview of IRS’ Changes to the FY2024 Tax Brackets
On November 9, 2023, the IRS announced its annual inflation adjustments for the upcoming FY2024 tax year. Among the changes were several adjustments to the different income tax brackets.
Year-End Financial Planning Checklist for Individuals
The end of the year is a great time to reflect and plan for the upcoming year. Here is a year-end financial planning checklist to help you evaluate things from the past twelve months and plan for the year ahead.
Is Tax Planning Worth It?
Tax Planning is an expense. How do you know if that expense is worth it for you? Check out our breakdown to see if it's right for you.
How Do I Start Tax Planning?
Tax planning is an excellent way to optimize your taxes. However, it is a complex process with moving pieces that keep changing. Here’s an overview of how to get started with tax planning.
