Tax season is not over – it is just starting. As a “super strategist” I can’t emphasize enough that the biggest tax reduction opportunities start earlier in the year, NOT on April 15th. By then it is too late. Here are five things to think about now to get the best head start on reducing your taxes.
As the end of the year approaches, so to does tax time and preparation for filing one’s tax return. Here, Julie Brufke Wenger, owner of Phoenix Tax Consultants (AKA “the tax tacklers”), shares thoughts on the seismic changes in tax law from the new Tax Cuts and Jobs Act and how it will directly affect…
Julie Brufke Wenger, owner of Phoenix Tax Consultants, has been working with clients in Phoenixville for over 25 years. Known as the “Tax Tacklers”, her company gets the job done under the premise of “we don’t just process – we plan.” As most taxpayers can attest, filing tax returns is typically an arduous and time-consuming…
JULIE BRUFKE WENGER — Julie finished her Master Degree requirements from the American College with a Masters of Science in Financial Services in December. She also was again invited to be a member of the Women’s Advisory Board at John Hancock, dedicated to empowering women financially and a keynote speaker at the national conference for…
The safe withdrawal rate from savings in retirement of 4% is being challenged as interest rates remain low. The S&P 500 has gained +285.4% (total return) from its 3/09/09 bear market low through the close of trading as of last Friday 11/25/16. Our nation’s national debt was $18.922 trillion as of 12/31/15, a total that…
I need to start this conversation with a huge thank you to my “client family” for your loyalty and patronage in 2016. Tax season can be tiring but seeing the familiar faces of long time clients return each year makes our job very rewarding. As always, our focus is on relationships and providing the best…
TOP TAX RATE: 39.6% PERSONAL EXEMPTION 2016: $4,050 STANDARD DEDUCTION 2016: Married: $12,700 | Single: $6,350 | HOH: $9,350 STANDARD MILEAGE BUSINESS: .54 cents per mile in 2016
By: Julia Brufke Wenger, “Your Transition Expert” Although the economic crisis seems to be winding down and most are hopeful about the future, one major piece of uncertainty remains for few (or not so few, depending on which unemployment rates you read): how to handle a job transition. Job transition is a time of change,…