by the Storen Team | Feb 22, 2019 | Resources, Taxes
“What’s the maximum wage can I make before I get moved to the next tax bracket?” “What’s the maximum wage can I make before I get moved to the next tax bracket?” is a question our preparers get asked all the time. What many clients do not understand is The United...
by the Storen Team | Feb 20, 2019 | Financial Planning, Resources, Retirement, Taxes
Article from Ed Slott and Company What does the basic process entail? An income tax refund can be directly deposited to an IRA up to the annual contribution limit. The contribution limit is $5,500 ($6,500 for individuals age 50 or older) for 2017 and 2018. It can also...
by the Storen Team | Feb 20, 2019 | Resources, Taxes, Updates
Do not forget to bring your yearly 1099 documents to your 2018 tax appointment! These documents should be coming to you via USPS mail or can often be found online! All TD Ameritrade 1099s were issued on February 6th, 2019 and should also be available on...
by the Storen Team | Jan 14, 2019 | Resources, Taxes
Will I pay tax on gifts I provide? Will the recipients of my gift pay tax on the amount? Every year our accountants get questions on gifting and the rules that surround it. Debate no longer; gifting does not create negative current tax year outcomes! Gifts are not...
