Making estimated tax payments during the tax year can help you avoid penalties and a huge tax bill when Tax Day rolls around. If you are self-employed, there is no employer withholding federal taxes from your paycheck so you may need to make estimated tax payments on your own throughout the year. What are estimated tax […]
Whether you are new to the real estate world or you’re a real estate pro, these five tax tips can help you save big going into tax season. By following these tips, you can rest assured knowing you are saving all you can. Business Travel For realtors, travel is always a part of the job. […]
Taxes are unavoidable, but there are a few ways to lower your tax bill and minimize the impact they have on your bank account. Use a Flexible Spending Plan Flexible spending plans, or flexible spending account (FSA), are pre-tax plans that allow you to pay certain expenses with tax-exempt dollars. These certain expenses include dependent […]
Sometimes life happens. Whether it’s a job loss, severe illness, loss of a loved one, or other big life event, it can be hard to focus on taxes. However, it’s important to know that filing late with the IRS is always far better than not filing at all. There are, however, a few things to […]
How to get organized before tax season: Don’t wait until the last minute, 2020 is almost here and the experts at Broussard Poché, LLP want to help you check off a few financial to-dos to help you prepare for the coming tax season. Check Beneficiaries This time of year is a good time to check […]
It’s hard to think about April of 2019 right now. It seems so far away, and after all, you’ve just put this year’s tax season behind you. But the truth is taxes should be in the back of your mind year-round. Many small business owners and individual taxpayers spend the entire year preparing for tax […]
2018 saw massive changes to tax laws. As a result of the Tax Cuts and Jobs Act, the team at Broussard Poché, LLP is encouraging everyone to make sure the right amount of tax is taken out of your paychecks. In other words, it may be time to adjust your withholdings. The new tax law […]
If you’re looking at the date, you’ll notice, the tax filing deadline for this year has come and gone. If you missed it, there’s still hope! You can file after the deadline, but you must act quickly to minimize the penalties. Here’s a few things the team at Broussard Poché, LLP want you to keep […]
(And a Few Things You Should Avoid) If you filed your taxes weeks ago, you may have already received your refund. If you waited until the last minute, your check will soon be in the mail. Either way, the prospect of some extra spending money is exciting! Many people already have a list of plans […]
Filing taxes on your own can be complicated. It’s demanding work and it can get confusing. To add to some of the tax filing confusion, taxes shouldn’t be a once a year chore, it’s part of your finances that should be worked on all year. If you might have neglected your return a bit, the […]