brandttax.com RSS Feed https://brandttax.com/ Take a look at our recent blog posts and client newsletter articles. en-us Thu, 01 Jul 2021 09:00:00 -0500 Thu, 01 Jul 2021 09:00:00 -0500 What Is the Net Investment Income Tax? https://www.brandttax.com/newsletter.php#5 The Net Investment Income Tax tends to affect wealthier individuals, but in certain circumstances, it can affect moderate-income taxpayers too. Thu, 01 Jul 2021 09:00:00 -0500 https://www.brandttax.com/newsletter.php#5 Small Business: Understanding Payroll Expenses https://www.brandttax.com/newsletter.php#2 Whether you're a small business owner who is just starting or one who has been in business for a while - ready to hire an employee or two - here is what you should know about withholding, reporting, and paying employment taxes. Thu, 01 Jul 2021 09:00:00 -0500 https://www.brandttax.com/newsletter.php#2 Settling Tax Debt With an IRS Offer in Compromise https://www.brandttax.com/newsletter.php#4 If you owe money to the IRS, an offer in compromise could be the answer. Thu, 01 Jul 2021 09:00:00 -0500 https://www.brandttax.com/newsletter.php#4 Employee Relocation: What Happens to Your Home? https://www.brandttax.com/newsletter.php#3 Employees and small business owners often have questions about what to do with an employee's home - and what the tax consequences might be - when they move to a new job location. Here are some answers. Thu, 01 Jul 2021 09:00:00 -0500 https://www.brandttax.com/newsletter.php#3 Advance Child Tax Credit Payments Start This Month https://www.brandttax.com/newsletter.php#1 More than 36 million American families may be eligible to receive monthly Child Tax Credit payments starting July 15, 2021. Here's what families need to know. Thu, 01 Jul 2021 09:00:00 -0500 https://www.brandttax.com/newsletter.php#1 What are Estimated Tax Payments? https://www.brandttax.com/newsletter.php#5 Estimated tax is the tax paid on income not subject to withholding, such as income from self-employment, interest and dividends, rent, prizes and awards, and gains from the sale of assets. Tue, 01 Jun 2021 09:00:00 -0500 https://www.brandttax.com/newsletter.php#5 Tips to Help You Figure Out if Your Gift is Taxable https://www.brandttax.com/newsletter.php#3 If you've given money or property to someone as a gift, you may owe federal gift tax. There are, however, exceptions. Tue, 01 Jun 2021 09:00:00 -0500 https://www.brandttax.com/newsletter.php#3 Tax Considerations When Selling Your Small Business https://www.brandttax.com/newsletter.php#1 If you've decided to sell your business, you may be looking forward to lazy days ahead with plenty of cash on hand. The reality, however, is that without a tax planning strategy in place, you could be liable for capital gains and other taxes - leaving you with far less cash than you anticipated. Tue, 01 Jun 2021 09:00:00 -0500 https://www.brandttax.com/newsletter.php#1 Expat Compliance With US Tax Filing Obligations https://www.brandttax.com/newsletter.php#4 If you're an expat who has relinquished - or intends to relinquish - your US citizenship but still has US tax filing obligations (including owing back taxes), you'll be relieved to know there are IRS procedures in place that allow you to come into compliance and receive relief for any back taxes owed. Tue, 01 Jun 2021 09:00:00 -0500 https://www.brandttax.com/newsletter.php#4 Changing Jobs? Don't Forget About Your 401(k) https://www.brandttax.com/newsletter.php#2 One of the most important questions you face when changing jobs is what to do with the money in your 401(k) account. Making the wrong move could cost you thousands of dollars or more in taxes and lower returns. Tue, 01 Jun 2021 09:00:00 -0500 https://www.brandttax.com/newsletter.php#2 Should I File A Tax Extension? https://brandttax.com/blog.php?id=22 Should I File A Tax Extension? Need more time to file your tax return? This document can help you decide whether or not you should file an extension using IRS Form 4898. Thu, 11 Apr 2019 09:00:00 -0500 https://brandttax.com/blog.php?id=22 Is Personal Health Insurance A Write-Off? https://brandttax.com/blog.php?id=24 Simply put, though many individuals qualify for deductions on their tax returns when they pay their own health insurance, businesses are the only things that are allowed to deduct health insurance as a business expense. Thu, 11 Apr 2019 09:00:00 -0500 https://brandttax.com/blog.php?id=24 Does the money you earned or received get taxed? https://brandttax.com/blog.php?id=23 Reduce your tax liability and save money. There are many ways that people receive an income, and some income may confuse people when it comes to tax season. Does the money you earned or received get taxed? Thu, 11 Apr 2019 09:00:00 -0500 https://brandttax.com/blog.php?id=23 Free 2018 Tax Help https://brandttax.com/blog.php?id=21 Doing your taxes for the first time can be intimidating. Typical fears of using the wrong form or of getting audited surround people�??�?�¢??s thoughts of tax season, forcing �??�?�¢??Do Taxes�??�?�¢?�??�?� to the bottom of every to-do list. Tue, 12 Mar 2019 09:00:00 -0500 https://brandttax.com/blog.php?id=21 6 reasons to get a head start on taxes in 2019 https://brandttax.com/blog.php?id=19 If you are like many Americans, taxes probably fill you with dread. This probably means you are putting them off until the absolute last minute. We�????�???�??�?�¢??ve all been there. But if you don't think there are any incentives to doing your taxes early, you might want to think again. Mon, 18 Feb 2019 09:00:00 -0600 https://brandttax.com/blog.php?id=19 2019 Tax Tips! https://brandttax.com/blog.php?id=20 Tax season is in full swing, and this year many Americans are hoping that the new tax laws will yield higher returns than 2018. In order to take advantage of new laws, there are a few things to watch out for and to be proactive about. The IRS released five key things to remember when filing your taxes for 2018. Mon, 18 Feb 2019 09:00:00 -0600 https://brandttax.com/blog.php?id=20 Six Tax Tips for Older Taxpayers https://brandttax.com/blog.php?id=18 Older Americans want to save money on their taxes, and we want to help. If you�?�¢??re 50 years of age or older, these six tax tips could help you keep more money in the bank. Tue, 05 Feb 2019 09:00:00 -0600 https://brandttax.com/blog.php?id=18 Significant Tax Changes for Individuals and Businesses in 2019 https://brandttax.com/blog.php?id=17 Though this checklist outlines all important tax changes for the tax year 2019, there is always a possibility that tax law changes will arise during the year. Please call our office if you have questions or would like to begin tax planning for 2019. Wed, 23 Jan 2019 09:00:00 -0600 https://brandttax.com/blog.php?id=17 Important January 2019 Tax Due Dates https://brandttax.com/blog.php?id=16 Follow these important January 2019 Tax Due Dates to ensure you do not miss important tax deadlines! Wed, 23 Jan 2019 09:00:00 -0600 https://brandttax.com/blog.php?id=16 Important Tax Changes for 2018 https://brandttax.com/blog.php?id=15 There are many changes in 2018 that affect individual taxpayers. These tables will reflect the increases in standard deduction, modifications to tax rates and brackets, and repeal of personal exemptions. Tue, 20 Mar 2018 09:00:00 -0500 https://brandttax.com/blog.php?id=15 Standard Mileage Rates for 2018 https://brandttax.com/blog.php?id=14 2018 standard mileage rates are changing. Know the rates now so you're prepared to file your taxes! Tue, 13 Mar 2018 09:00:00 -0500 https://brandttax.com/blog.php?id=14 Extended Due Dates for Health Coverage Forms https://brandttax.com/blog.php?id=13 The due date to provide 2017 health coverage information forms in 2018 has been extended by 30 days. Employers now have until March 2, 2018 to provide Forms 1095-B or 1095-C. As a result of this extension, some individuals may not receive their Forms 1095-B or 1095-C in time to file their 2017 individual income tax return. Learn More... Tue, 20 Feb 2018 09:00:00 -0600 https://brandttax.com/blog.php?id=13 Tips for a Stress-Free Tax Season https://brandttax.com/blog.php?id=12 Stressing out about taxes can often cause people to keep pushing them off, making the problem even harder to deal with by the time they get around to doing taxes. Here are our six tips for a stress-free tax season. Thu, 08 Feb 2018 09:00:00 -0600 https://brandttax.com/blog.php?id=12 Hiring Best Practices https://brandttax.com/blog.php?id=10 You've found the right candidate. Now ensure you file the right paperwork! Virginia, DC and Maryland's premier hiring best practices consultants. Wed, 09 Aug 2017 09:00:00 -0500 https://brandttax.com/blog.php?id=10 Choosing the Correct Tax Filing Status https://brandttax.com/blog.php?id=9 It's important to use the right filing status when you file your tax return because the filing status you choose can affect the amount of tax you owe for the year. It may even determine if you must file a tax return. Fri, 31 Mar 2017 09:00:00 -0500 https://brandttax.com/blog.php?id=9 Welcome to "Adulting"! https://brandttax.com/blog.php?id=8 Nothing quite like filing your own taxes for the first time. Welcome to "Adulting"! Getting prepared ahead of time can cut down on stress and confusion and make the best decisions for your financial situation. Tue, 14 Mar 2017 09:00:00 -0500 https://brandttax.com/blog.php?id=8 Never Miss These Tax Breaks for Individuals https://brandttax.com/blog.php?id=7 Confused about which credits and deductions you can claim on your 2016 individual tax return? Here are six (6) tax breaks that you won't want to overlook. Wed, 01 Mar 2017 09:00:00 -0600 https://brandttax.com/blog.php?id=7 2016 Health Coverage Exemption - What You Need To Know https://brandttax.com/blog.php?id=6 With the 2017 tax filing season in full swing, now is the time to think about how the health care law affects your taxes. Learn the criteria for Form 8965. Tue, 21 Feb 2017 09:00:00 -0600 https://brandttax.com/blog.php?id=6 Five (5) Tax Breaks That Expired Last Year https://brandttax.com/blog.php?id=5 Many tax provisions were made permanent with the passage of the PATH Act in late 2015, but more than 36 others expired at the end of 2016. Here are the five (5) that are most likely to affect taxpayers like you. Wed, 15 Feb 2017 09:00:00 -0600 https://brandttax.com/blog.php?id=5 Seven 2017 IRS Tax Scams To Watch Out For https://brandttax.com/blog.php?id=4 With the rush to file taxes, many are out there to scam you. Here are Brandt & Associates Seven IRS Tax Scams to watch out for in 2017. Thu, 09 Feb 2017 09:00:00 -0600 https://brandttax.com/blog.php?id=4 Should You File a Tax Return in 2016? https://brandttax.com/blog.php?id=3 Most people file a tax return because they have to. Even if you don't, there are times when you should because you might be eligible for a tax refund. The six tax tips below should help you determine whether you're one of them. Thu, 02 Feb 2017 09:00:00 -0600 https://brandttax.com/blog.php?id=3 Tips On Paying Taxes For Household Help https://brandttax.com/blog.php?id=2 If you employ someone to work for you around your house, it is important to consider the tax implications of this arrangement. Read Brandt Tax's Tips on Household Help Fri, 27 Jan 2017 09:00:00 -0600 https://brandttax.com/blog.php?id=2 Seven Tax Tips For Older Americans https://brandttax.com/blog.php?id=1 Older Americans want to save money on their taxes. If you are age 50 or older, here are seven (7) tax tips that could help you save money this tax season. Fri, 27 Jan 2017 09:00:00 -0600 https://brandttax.com/blog.php?id=1