The IRS is introducing the Direct File pilot program, a new initiative allowing Americans to file their tax returns for free without relying on third-party services such as TurboTax or […]
IRS Tax Move Will Save Money For Millions of Americans — Check if You’re Eligible Read More »
107-mastering-tax-season-insider-tips-from-cap-jude-heath In this episode of “Ask Gregory,” we dive into essential financial strategies with special guest Jude Heath from J Heath & Company CPA. Jude shares insights on managing your
Podcast 107: Mastering Tax Season: Insider Tips from CPA Jude Heath Read More »
Tax credits and deductions play a crucial role in reducing your tax liability, providing valuable ways to lower the income tax you owe. Described by the IRS as a “dollar-for-dollar”
Non-Refundable vs Refundable Tax Credits: What’s the Difference? Read More »
Unlocking the truth about Social Security taxes! Amidst the confusion, a common misconception prevails that Social Security benefits are tax-free. Brace yourself for a reality check as we delve into
Five Things to Know About Social Security and Your Taxes Read More »
Warren Buffett’s billionaire simplicity: Ranked eighth globally with an estimated net worth of $116 billion, according to the Bloomberg Billionaires Index, the Berkshire Hathaway CEO stands apart with a seemingly
Shift your focus to taxes before year-end! While tax season is traditionally a last-minute affair, savvy taxpayers are turning their attention to the last two months of the calendar year
3 tax changes you need to take care of before the end of this year Read More »
The recent stock market surge has turned the tide for 401(k) holders, with Fidelity Investments reporting an almost 8.3% increase in average account balances in Q2 2023. Notably, the number
You May Have to Put Catch-Up Contributions in a Roth 401(k): That’s Not a Bad Idea Read More »
The 2017 tax overhaul changed the landscape for charitable deductions, leaving millions without key tax benefits for their donations. However, a growing group of seniors can still enjoy significant advantages
A Tax Break Worth the Hassles Read More »
Are Your Financial Perceptions Skewed? Help Avoid Common Pitfalls. Relying solely on tax-deferred accounts or anticipating unattainable market gains? Guard against these and other misconceptions to help safeguard your long-term
Five Common Retirement Mistakes and How to Avoid Them Read More »
As millions brace for the impending change, savers aged 50 and above are facing the discontinuation of a familiar tax advantage – catch-up contributions to 401(k)s. The alteration, stemming from
High-Earning Retirement Savers Are Losing Some of Their 401(k) Tax Break Read More »