by the Storen Team | Oct 1, 2021 | Financial Planning, Medicare, Resources, Taxes
Avoid IRMAA fees by reducing your taxable income If you will be considering enrolling in Medicare in the next few years, the best course of action is to examine your taxable income a minimum of 2 years prior to enrolling in order to avoid additional IRMAA fees. Our...
by the Storen Team | Sep 1, 2021 | Resources, Taxes
*This blog was originally published on 2/22/19 and was updated 9/1/21. Reminder: proof of dependency is mandatory! Beginning with Tax Year 2018, taxpayers are required to bring proof of residency and relationship when claiming dependents on their tax return in order...
by the Storen Team | Aug 1, 2021 | Helpful Links, How-to, Resources, Tax FAQs, Taxes, Updates
View ALL of your tax info in one place! Have questions about how much tax you paid? How much is your refund? Or how much do you currently owe? What was that notice from the IRS about? Did you receive Stimulus payments and how many or which ones? All this information...
by the Storen Team | Jun 24, 2021 | Resources, Tax FAQs, Taxes
*Blog updated 6/24/21. If you have dependents on your tax return under the age of 18 – Please read! Monthly prepayments from the IRS of the Child Tax Credit will begin July 15th. In March of 2021, Congress passed the American Plan Rescue Act. This legislation could...
by the Storen Team | May 12, 2021 | Ed Slott, Education, Financial Planning, Resources, Retirement, Stock Market, Taxes
Over 200+ joined us virtually to learn from Ed Slott! What an amazing turnout and fantastic program! We are grateful to have hosted over 200 clients and non-clients alike, for our virtual educational event, featuring IRA expert, Ed Slott. If you missed it, don’t...
by the Storen Team | Apr 7, 2021 | Businesses, Resources, Resources for Businesses, Taxes
A common question we receive here is how to determine whether you have a hobby or a business. There is not just one determining factor, but many variables, as listed in the article below, that are taken into account. If an individual, partnership, estate, trust, or an...
