Lower My Tax Now Blog

How to Avoid The Number One Mistake When You Pass Away

Do you know someone that recently passed away? Do you know that after your death, the distribution of retirement accounts, life insurance policies, annuities, and bank and investments accounts are guided by beneficiary designations. If those designations are outdated, unspecific, or wrong, your assets may not be distributed the…

Do I Use A Credit Card Or A Debit Card?

When you go out and eat, put gas in your car or pay for your business expenses, I’m going to assume that you are either using a credit card or a debit card. In your mind, you might think they are the same. But there are differences that you…

Can You Deduct A Work-Related Education Costs?

Can you deduct a work-related education costs?
I got this question from one of my clients. So as an accountant, I will answer you with my favorite words: “It depends.”

Hello, this is Noel Dalmacio, your ultimate CPA at lowermytaxnow.

So, are you planning to go back to school to get an…

How To Take Advantage Of Your Retirement Plans

Are you working for someone or are you working for yourself?
In regards to retirement plans, there are some things you need to be aware of so you can take advantage of the situation.

Hello, this is Noel Dalmacio, your ultimate CPA at lowermytaxnow.

Here are three things you need…