Taxes Archives

Taxes Made Easy: Start Your Business After Retirement

by Bill Anderson | | Budget, Business after Retirement, Small Business, Starting a new business, Taxes | 0

Starting a business after retirement doesn’t have to come with tax-time headaches. Taxes Made Easy: Start Your Business After Retirement simplifies everything you need to know—from choosing the right business structure to taking advantage of senior-friendly deductions. Whether you’re launching a consulting service, rental business, or online store, this guide breaks down the essentials so you can focus on growing your new venture with confidence and peace of mind.

A complete guide to your 2025 Federal Income Taxes

by Bill Anderson | | Financial, Taxes | 0

Tax season doesn’t have to be overwhelming—especially when you have a clear plan. Whether you’re a retiree, small business owner, or working professional, understanding the latest tax laws and strategies can help you maximize deductions, minimize liabilities, and stay compliant with IRS regulations.

This comprehensive guide covers everything you need to know about your 2025 federal income taxes, including key filing deadlines, new tax law changes, deductions and credits, retirement account considerations, and smart tax planning strategies. Whether you’re preparing for April 15 or looking for ways to optimize your tax situation year-round, this guide will help you navigate the complexities of the tax code with confidence.

How do higher corporate taxes affect me now

by Bill Anderson | | Taxes | 0

Why are politicians talking about increasing corporate tax rates and capital gains rates?...

Best strategies for managing your IRA in retirement now!

by Bill Anderson | | Financial, Retirement, Taxes | 0

You have a 401k or traditional IRA and you are retired or approaching retirement. It’s time...

Seniors Income Tax 2024: Deductions and how to file now

by Bill Anderson | | Estate Planning, Financial, Social Security, Taxes, Youtube Video | 0

Tax season is here, and seniors need to take advantage of every possible deduction to maximize their savings. The 2024 tax year offers several benefits for retirees, including higher standard deductions, potential tax credits, and special deductions for medical expenses, retirement income, and charitable giving. This guide breaks down key deductions available to seniors, including the increased standard deduction for those 65 and older, ways to reduce taxable Social Security income, and credits that can lower your overall tax bill. Learn how to file efficiently, whether through online e-filing, professional tax services, or free IRS programs designed for retirees. Don’t leave money on the table—find out how to optimize your 2024 tax return today.