TMTW#329- March 31st Deadline

Tax and Money Tip this Week:
March 31st Deadline
March 22, 2017 | No. 329

In order for us to get all client’s tax returns completed by April 15th in a quality fashion, we request all clients drop off or mail us all of their information by March 31st, 2017. Otherwise, we will do our best, but we cannot guarantee completion of tax returns without extending the returns to October 15, 2017.

Thank you for your help!

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#328- If you save 10% of paycheck, you should be able to retire

Tax and Money Tip this Week:
If you save 10% of paycheck, you should be able to retire
March 15, 2017 | No. 328

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#327- Coverdell Education Savings Accounts

Tax and Money Tip this Week:
Coverdell Education Savings Accounts
March 8, 2017 | No. 327

If you meet designated income limits, you can contribute $2,000 annually to a Coverdell Education Savings Account.  Although contributions are not deductible, all earnings and withdrawals are tax-free, providing that you use the money for qualified education expenses, including those for kindergarten through high school.  In addition, you can fund your Coverdell Account with a wide variety of investments.

Along side a 529 College Savings plan, a Coverdell Account can play a big part in your college funding strategy.  Safety of principal and consistency of return are key considerations.  It’s also important to have an easy to manage program that keeps your money working all the time.

How much you invest depends on your resources and resolve.  By starting early and diversifying properly, you can achieve your goals.

If you should have any questions, please don’t hesitate to give us a call.
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#326-2017 Standard Mileage Rates

Tax and Money Tip this Week:
2017 Standard Mileage Rates
March 1, 2017 | No. 326

Click here to read the article from ‘Journal of Accountancy’
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#324- Watch Out: New Tax Return Due Dates!

Tax and Money Tip this Week:
Watch Out: New Tax Return Due Dates!
February 15, 2017 | No. 324

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 #323- Will Tax-Free Exchanges Go-Away?

Tax and Money Tip this Week:
Will Tax-Free Exchanges GO Away?
February 8, 2017 | No. 323

Click here to read more
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#322- Trump’s Business Tax Proposals

Tax and Money Tip this Week:
Trump’s Business Tax Proposals
February 1, 2017 | No. 322

Click here to read more
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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