by Naveed Lodhi | Oct 29, 2020 | Tax Tips & Planning
Tax preparation used to be a task most people just left to the professionals. But over the years, tax software has made it easier than ever for taxpayers to prepare their own returns. In fact, over 71 million people did their own taxes in 2020. Here are some great...
by Naveed Lodhi | Oct 28, 2020 | Tax Tips & Planning
It’s not too early to start thinking about your 2020 tax return. Learning the latest rules can help you strategize ways to reduce your tax bill and boost your refund. Here are some changes to expect when you file your taxes in 2021. Increased standard deduction...
by Naveed Lodhi | Oct 10, 2020 | Tax Tips & Planning
It’s that time of year again. The holidays are almost in full swing, the weather’s getting colder and before you know it, tax time will be here! We know the last thing you want to be doing during the holidays is thinking about taxes. But what you do before...
by Naveed Lodhi | Sep 24, 2020 | Tax Tips & Planning
Online tax filing seems simple enough. The taxpayer chooses an online tax service, gathers his tax documents, and starts answering questions that will guide him through the entire tax filing process. All answers are placed on the right forms and schedules,...
by Naveed Lodhi | Sep 24, 2020 | Tax Tips & Planning
Tax season has come and gone, but staying on top of finances and keeping organized for next year’s tax return is an ongoing process. So, every year around this time I start to do some spring cleaning with my financial papers. I’ve learned a lot from financial experts...
by Naveed Lodhi | Jun 29, 2020 | Tax Tips & Planning
The coronavirus outbreak forced many businesses to close and millions of people to lose their jobs. To help Americans stay afloat, the government issued a $1,200 stimulus payment to eligible taxpayers. Plus, an additional $500 per qualifying child. Payments were...