by briesterer@thinkvisionary.com | Aug 5, 2021 | Individuals, Newsletter
An important part of tax planning is keeping good records. Having an organized recordkeeping system makes it easier to file a tax return or understand a letter from the IRS. Here are some tips: Good Recordkeeping Helps Taxpayers: Identify sources of income. Taxpayers...
by briesterer@thinkvisionary.com | Aug 5, 2021 | Individuals, Newsletter
Thanks to the advance payments of the Child Tax Credit, approximately 60 million children received $15 billion in July, according to the Department of Treasury and the IRS. While many of these families will benefit from the extra money deposited into their bank...
by briesterer@thinkvisionary.com | Aug 4, 2021 | Individuals, Newsletter
According to the US Small Business Administration, small businesses employ half of all private-sector employees in the United States. However, a majority of small businesses do not offer their workers retirement savings benefits. If you’re like many other small...
by briesterer@thinkvisionary.com | Jul 14, 2021 | COVID-19, Newsletter, Webinars
[vc_row][vc_column][vc_video link=”https://vimeo.com/574990513/ede3d9eede”][vc_column_text] American Rescue Plan Act of 2021 Part II of our American Rescue Plan webinar series to discuss the updated impact on local governments and school districts. Impact...
by briesterer@thinkvisionary.com | Jul 6, 2021 | Individuals, Newsletter
Six Steps to Protect Against Taxpayer ID Theft Tax-related identity theft occurs when someone uses a taxpayer’s stolen personal information, such as a Social Security number, to file a tax return claiming a false refund. Thieves are actively working to steal...
by briesterer@thinkvisionary.com | Jul 5, 2021 | Individuals, Newsletter
What to Know About Backup Withholding Backup withholding is a federal tax on income that otherwise typically doesn’t require tax withholding, such as 1099 and W2-G income. Taxpayers who receive this type of income may have backup withholding deducted from their...
