Smart Tax Planning Strategies for Individuals
top of page
Search
Alright, listen up, folks! Tax planning is like the secret sauce for both individuals and businesses to score big savings, dodge those...
BA Tax Pros
Feb 91 min
Changes to Income Tax Brackets for the 2023 Filing Year
While there are still 7 tax rates, the income ranges (tax brackets) for each rate have shifted slightly to account for inflation. For...
27 views0 comments
BA Tax Pros
Jan 261 min
Unlocking the Home Office Deduction: Understanding Key Criteria
To benefit from a Home Office Deduction, specific criteria must be met, and a designated portion of your home must be utilized in one or...
36 views0 comments
BA Tax Pros
Jan 103 min
New requirement for most businesses: Beneficial Ownership Reporting Under Corporate Transparency Act
Beginning on January 1, 2024, many companies in the United States will have to report information about their beneficial owners (i.e.,...
30 views0 comments
BA Tax Pros
Dec 4, 20232 min
2023 Tax Planning: Standard vs. Itemized Deductions
There are two ways you can take deductions on your federal income tax return: you can itemize deductions or use the standard deduction....
26 views0 comments
BA Tax Pros
Nov 20, 20234 min
2023 Last-Minute Year-End General Business Income Tax Deductions
Here are six powerful business tax deduction strategies you can easily understand and implement before the end of 2023 1. Prepay...
14 views0 comments
BA Tax Pros
Nov 7, 20231 min
Will you owe taxes this year? A little tax planning goes a long way!
The IRS urges taxpayers to promptly review their tax withholding to avoid surprises, whether in the form of significant refunds or...
13 views0 comments
BA Tax Pros
Oct 11, 20232 min
2023 Tax Planning: Meals and Entertainment Expenses
Many businesses consider the occasional wining and dining of customers and clients just to stay in touch with them to be a necessary cost...
6 views0 comments
BA Tax Pros
Sep 15, 20232 min
Section 1031 or 1033 Exchanges - What you need to know about basis
Section 1031 Exchanges and what you need to know.
10 views0 comments
BA Tax Pros
Jan 28, 20211 min
The Stimulus Check and Your Taxes
Still Waiting on Stimulus Payments? You may claim the credit when you file your 2020 tax return! Here is what you need to know.
55 views0 comments
BA Tax Pros
Oct 23, 20191 min
#BeCyberSmart
#BeCyberSmart Security threats constantly change and evolve. We take extra precautions here at DPFT to ensure that your information is...
53 views0 comments
BA Tax Pros
Jul 16, 20192 min
Social Security Earnings Limit
Since income tax is not withheld on Social Security, you may need to pay estimated tax. Our office can help you.
54 views0 comments
BA Tax Pros
Jul 16, 20193 min
Planning 2019: Educational Savings Plans
As a parent with young children, you are faced with many rewards and challenges, such as saving for a college education.
7 views0 comments
BA Tax Pros
Jul 16, 20192 min
Recordkeeping for Individuals - Personal Residence Tips
You may be aware that most homeowners are able to exclude up to $250,000 of the gain realized on the sale of a principal residence.
6 views0 comments
BA Tax Pros
Jul 16, 20192 min
Health Savings Accounts
A health savings account (HSA) provides a tax benefit for amounts that are contributed and used to pay qualified medical expenses.
8 views0 comments
bottom of page