by briesterer@thinkvisionary.com | May 5, 2022 | Newsletter, Tax
Estimated Tax Payments: The Facts Estimated tax is the method used to pay tax on income that is not subject to withholding, including income from self-employment, interest, dividends, alimony, rent, and gains from the sale of assets, prizes, and awards. You also may...
by briesterer@thinkvisionary.com | May 4, 2022 | Newsletter, Tax
Is Your College Student’s Scholarship Taxable? May 1st is the traditional deadline for undergraduate students to commit to their college of choice, which means tuition payments are not far behind. If you’re wondering if your child’s scholarships are...
by briesterer@thinkvisionary.com | May 3, 2022 | Newsletter, Tax
What To Know About Tax-related Identity Theft Tax-related identity theft occurs when someone uses a taxpayer’s stolen SSN to file a tax return claiming a fraudulent refund. In the vast majority of tax-related identity theft cases, the IRS identifies a suspicious...
by briesterer@thinkvisionary.com | May 2, 2022 | Newsletter, Tax
Special Tax Benefits for Members of the Military Military personnel and their families face unique life challenges with their duties, expenses, and transitions. As such, military members may qualify for tax benefits not available to civilians. For example, they...
by briesterer@thinkvisionary.com | Apr 5, 2022 | Individuals, Newsletter, Tax
As a reminder, taxpayers have the right to pay only the amount of tax legally due, including interest and penalties. They also have the right to have the IRS apply all tax payments properly. This is one of 10 fundamental rights known collectively as the Taxpayer Bill...
by briesterer@thinkvisionary.com | Apr 3, 2022 | Individuals, Newsletter, Tax
As the April 18th tax deadline quickly approaches, last-minute tax filers should make sure they have all their documents before filing a tax return. You should have received a Form W-2, Wage and Tax Statement, from each of your employers for use in preparing your...
