by Franskoviak Tax Solutions | Jan 26, 2023 | 2023, Information, IRS, tax planning, Tax Season
The new year is an excellent time to take stock of your goals and priorities. When it comes to resolutions, you may first think of commitments you’d like to make around your physical well-being—drinking more water, hitting the gym, giving up smoking—but your financial...
by Franskoviak Tax Solutions | Nov 10, 2022 | 2022, IRS, tax planning, Tax Season, taxes
Year End Tax Planning For 2022 (Individual and Business) As the year draws to a close, it is important to review year-end strategies that might help lower your taxable income and your business’s taxable income for 2022. The following are some tax breaks from...
by Franskoviak Tax Solutions | Jun 6, 2022 | 2022, tax planning, Tax Season, taxes
When it comes to tax planning, there are good reasons not to go it alone. When tax season arrives, it may be tempting to work on your own taxes, without the help of a tax professional. Whether you plan to file personal taxes, business taxes, or both, you might assume...
by Franskoviak Tax Solutions | Mar 18, 2021 | 2021, Tax Deadlines, tax filing, Tax Season
IRS Delays Tax Deadline to May 17th, 2021 Yesterday the IRS announced that they are pushing back the tax deadline until May 17, 2021. Essentially this will give taxpayers an extra month to file and pay their taxes. Last year the extension was 3 months until July 15th....
by Franskoviak Tax Solutions | Mar 6, 2021 | 2020, 2021, Tax Deadlines, tax filing, tax planning, Tax Season, taxes
Ten Ways to Audit Proof Your Tax Return The tax filing season is upon us and you may be wondering what your chances of getting picked for an IRS audit after I file my taxes? In 2020 due to the Pandemic, the IRS suspended all examination activities for a several...
by Franskoviak Tax Solutions | Feb 1, 2021 | 2020, 2021, tax filing, tax planning, Tax Season
Tax Season is now upon us. February 12th the IRS will open up for e filing of tax returns. So now you are gathering records, you may be asking what documents should I save for my taxes? How long should I keep my records? What items are deductible on my tax returns....
