Have you had to ask yourself how do I handle a job transition? Job transition is a time of change, challenge and opportunity. Addressing a few key points can make the process easier and, in turn, allow you to maximize the outcome. Even if you aren’t currently in the middle of a job transition, these points…
It is Month 2 of Julie’s Personal Powerful Financial Plan! I am starting to get a handle of what is what when it comes to our financial future. Our task was gathering our debt information. Unlike our assets, I am well aware of all the debt, especially with the monthly automatic payments. What I was…
Tax season is upon us, and with that comes a very important question: to use a licensed professional, or not to use professional? This earlier post by Tax Tacklers illustrates the differences between using a CPA and using a system like TurboTax. While TurboTax can be the right solution in some situations, there are many…
Courtney’s January Challenge Update: So it begins. My journey towards creating a personal powerful financial plan using Julie’s 12 Steps! Getting a better understanding of our financial situation, taxes and planning have always been on the to do list for my husband and I. We found just about every reason NOT to talk about money,…
Julie Brufke Wenger recently authored and shared an article with her clients and collegeues titled 12 Months to a Personal Financial Power Plan. Two of Phoenix Tax Consultants reached back out to say how timely the article was for them personally. Julie thought it might be fun to hear how they are doing and invited them…
Individual filers making $200,000 or married filers earning $250,000 are subject to a new Medicare tax of .09% on earnings above these amounts and in many cases this is not being withheld by the employer! If this applies to you please call our office to determine if you need to make an estimated tax payment…
Congratulations on becoming a parent! You may have heard there are many benefits to having a child from the unconditional love to tax deductions. Here is a quick guide to 5 things all new parents should know the 1st calendar tax year they have a child. As always any questions or if you need clarification,…
As the year quickly comes to an end we encourage our clients to think about the tax year before it ends! Now is the time to consider incentivized purchases that offer tax rebates set to expire at the end December 31, 2013. Below is a list of 4 popular tax deductions or tax rebates that…
Make your New Year’s resolution to participate in the twelve monthly steps to creating your own personal financial power plan. Each month is one manageable assignment that relates to the previous assignment so by the end of 2014 you will: Know what your assets are currently. Have organized your debts and have a plan to…
Now is a good time to see if you qualify for either of two college education tax credits or any of several other education-related tax benefits. In general, the American opportunity tax credit, lifetime learning credit, and tuition and fees deduction are available to taxpayers who pay qualifying expenses for an eligible student. Eligible students…