Category: Taxes
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.
Read MoreHow 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?...
Read MoreBest 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...
Read MoreSeniors 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.
Read MoreSeniors and retirees planning income tax strategies for 2025
by Bill Anderson | | Estate Planning, Financial, Social Security, Taxes, Youtube Video | 0
2025 is here, it’s time to start creating an income tax strategy for 2025. The purpose...
Read MoreWhy I Decided to Retire in Ocean Springs, Mississippi
by Bill Anderson | | Culture, Having Fun, Lifestyle Change, Mississippi Gulf Coast, Relocation, Retirement, Taxes | 5
Why I decided to retire in Ocean Springs, Mississippi and not in California
Read More18 most important tax deductions for vacation rentals now
by Bill Anderson | | Financial, Investment, Rental Property Investments, Taxes, Vacation Rentals | 0
As tax time rolls around each year, our short-term rental property owners’ clients begin to...
Read MoreTrusts: Which type is the best for you now?
by Bill Anderson | | Estate Planning, Financial, Taxes | 0
Revocable type living trusts are great for creating some stability in your finances for the...
Read MoreLife is Proven to be a Matter of Perspective
by Bill Anderson | | Financial, Lifestyle Change, Mississippi Gulf Coast, Retirement, Taxes | 0
Not long ago, I had the pleasure of speaking with a friendly and knowledgeable young woman who...
Read MoreHandymen: You Should Report Business Income to the IRS
by Bill Anderson | | Financial, Small Business, Taxes, Youtube Video | 0
Cash discount handymen
Read MoreStrategies To Set Up a Financial and Healthcare Safety Net After Retirement
by Claire Wentz | | Health and Safety, Retirement, Taxes | 0
When you retire, you might be shocked to realize Social Security and Medicare won’t provide all...
Read MoreI love Dave Ramsey but!
by Bill Anderson | | Debt, Financial, Home buying, Investment, Real Estate, Security, Taxes | 2
Dave Ramsey for those of you who do not know him is a financial expert who provides financial...
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