by briesterer@thinkvisionary.com | Mar 1, 2019 | Newsletter
The Small Business Health Care Tax Credit If you’re a small business owner with fewer than 25 full-time equivalent employees you may be eligible for the small business health care credit. What is the Small Business Health Care Credit? The small business health...
by briesterer@thinkvisionary.com | Feb 28, 2019 | Newsletter
Are Social Security Benefits Taxable? Social Security benefits include monthly retirement, survivor, and disability benefits; they do not include Supplemental Security Income (SSI) payments, which are not taxable. Generally, you pay federal income taxes on your Social...
by briesterer@thinkvisionary.com | Feb 27, 2019 | Newsletter
Is Home Equity Loan Interest still Deductible? The Tax Cuts and Jobs Act has resulted in questions from taxpayers about many tax provisions including whether interest paid on home equity loans is still deductible. The good news is that despite newly-enacted...
by briesterer@thinkvisionary.com | Feb 5, 2019 | Newsletter
Tax Filing Season Begins January 28, 2019, marked the start of this year’s tax filing season, and it’s the first time taxpayers will be filing under the new tax reform laws, most of which became effective in 2018. Complicating matters is a newly revised...
by briesterer@thinkvisionary.com | Feb 4, 2019 | Newsletter
Seven Common Small Business Tax Myths The complexity of the tax code generates a lot of folklore and misinformation that could lead to costly mistakes such as penalties for failing to file on time or, on the flip side, not taking advantage of deductions you are...
by briesterer@thinkvisionary.com | Feb 2, 2019 | Newsletter
Avoiding the Penalty on Early Distributions Many people use IRAs, SEP Plans, SIMPLE IRA plans, and employee-sponsored retirement savings plans such as the 401(k) to save money for their retirement years, but what if you need to tap that money before age 59 1/2? The...
