TMTW #422 – Don’t wait on Your 1099 or K-1.

Tax and Money Tip this Week:
Don’t Wait on Your 1099 or K-1
February 20, 2019 | No. 422

In our CPA practice, we find that many clients want to hold all of their tax information until they have received that final Form 1099 or K-1. Yikes! Don’t do that! Some brokerage firms don’t deliver 1099s until as late as March 8th, or amend the original 1099s frequently until March 31st.

We want you to provide us, or your CPA, with all available tax return information as soon as you have it pulled together. Don’t wait until you receive that last form!

This year it is especially important to get your tax information to us, or your CPA, as soon as possible. By getting your information to your CPA by early March, you will have your return in the front of queue and through the tax season hourglass well before the stress of April 15th!

Questions or Comments?
You can add comments on the blog, call 919-847-2981, or visit our web site. We look forward to hearing from you.

Mark Vitek, CPA/PFS, CFP®
…until next week.

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TMTW #421 – Watch out for these Tax Return Due Dates!

Tax and Money Tip of the Week:
Watch Out for these Tax Return Due Dates!
February 13, 2019 | No. 421

Click here to see new dates
You can add comments on the blog, call 919-847-2981, or visit our web site. We look forward to hearing from you.Questions or Comments?

Mark Vitek, CPA/PFS, CFP®
…until next week.

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TMTW# 420 – If you save 10% of your paycheck, you should be able to retire

Tax and Money Tip of the Week:
If you save 10% of your paycheck, you should be able to retire
February 6, 2019 | No. 420


A great article on retirement savings from The News & Observer

Click here to read the article




You can add comments on the blog, call 919-847-2981, or visit our web site. We look forward to hearing from you.Questions or Comments?



Mark Vitek, CPA/PFS, CFP®
…until next week.



 

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TMTW #419 – Thinking about a real estate swap?

Tax and Money Tip of the Week:
Thinking about a real estate swap?
January 30, 2019 | No. 419

Click here to read an article in ‘Business Management Daily’ about tips and strategies for a real estate swaps.

Questions or Comments?

You can add comments on the blog, call 919-847-2981, or visit our web site. We look forward to hearing from you.

Mark Vitek, CPA/PFS, CFP®

…until next week.

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TMTW #418 – Winners

Tax and Money Tip of the Week:
Winners
January 23, 2019 | No. 418

Winners

“Winners find a way to get things done”.

Thank you for being associated with our firm.

Questions or Comments?

You can add comments on the blog, call 919-847-2981, or visit our web site. We look forward to hearing from you.

Mark Vitek, CPA/PFS, CFP®
mark@markvitekcpa.com

…until next week.

 

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TCJA Tax Reform Sticks It to Business Start-Ups that lose money

Tax and Money Tip this Week:
TCJA Tax Reform Sticks It to Business Start-Ups that lose money
January 16, 2019 | No. 417

The Tax Cuts and Jobs Act tax reform added an amazing limit on larger business losses that can attack you where it hurts—right in your cash flow. And it works in some unusual ways that can tax you even when you have no real income for the year. When you know how this ugly new rule works, you have some planning opportunities to dodge the problem.

Click Here to read more about this.

Questions or Comments?
You can add comments on the blog, call 919-847-2981, or visit
our web site. We look forward to hearing from you.

Mark Vitek, CPA/PFS, CFP®
…until next week.

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TMTW # 416 “Nanny Tax”

Tax and Money Tip this Week:
Nanny Tax
January 09, 2019 | No. 416

Click Here to get more details on taxes and household help from an article in the Wall Street Journal.

Questions or Comments?
You can add comments on the blog, call 919-847-2981, or visit
our web site. We look forward to hearing from you.

Mark Vitek, CPA/PFS, CFP®
…until next week.

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