Lower My Tax Now Blog
A Quick Recordkeeping Guide
Posted in Tax-Blog. Bookmark the permalink. | , September 16, 2015 | 0 Comments
Is your file cabinet overflowing? Do you hesitate to purge tax information because you’re not sure what to keep and what to discard? Here’s a quick guide to help you cut through the clutter.
Hi guys, this is Noel Dalmacio, your ultimate CPA at lowermytaxnow.com
1. Expenses. Support for deductions includes charitable…
IRS publishes tips for amending returns
Posted in Tax-Blog. Bookmark the permalink. | , September 9, 2015 | 0 Comments
Hi guys, this is Noel Dalmacio, your ultimate CPA at lowermytaxnow.com
Did you ever have an error in your return? Do you know you can amend it to report the correct amounts? On this segment, I will give you some tips for amending returns:
1. Use Form 1040X. You must file a…
Tax Tip: Consider making tax-free gifts
Posted in Tax-Blog. Bookmark the permalink. | , September 2, 2015 | 0 Comments
Hi guys, this is Noel Dalmacio, your ultimate CPA at lowermytaxnow.com
If you are in a position to give, making annual gifts can be an excellent strategy for reducing both your estate and income tax liability. Planning and doing your gift-giving before year-end is especially smart if you are giving…
Midyear tax planning tip
Posted in Tax-Blog. Bookmark the permalink. | , August 26, 2015 | 0 Comments
Hi guys, this is Noel Dalmacio, your ultimate CPA at lowermytaxnow.com
Here’s a midyear tax planning tip for you
Take time this summer, to review, your investment portfolio, for potential tax savings. Here are some tax strategies you might want to incorporate:
1) Sell stocks that you bought and went down in value…
