Katy Tax and Bookkeeping

Summer offers some unique tax saving opportunities including: renting your home, sending kids to camp, hiring your child and traveling for for business.

Summer Tax Tips for Everyone Along with the warm weather, summer brings some unique opportunities to save some taxes. Here are four ideas to work into your summer tax planning strategy.

Keep your Social Security number safe by following these tips.

Ideas to Protect your Social Security Number - SSN theft is still a major problem! Identity theft is reaching all-time levels. How can you protect your Social Security number from being stolen?

Yes, you can pay your tax bill with a credit card. But is it a good idea? Here is information you can use.

Paying a Tax Bill With a Credit Card - Understand the options and costs A little strapped for cash and a tax bill is looming? Here are your options to pay with a credit card or possible alternatives.

Reminder: Second quarter estimated taxes are due Monday, June 16th.

Reminder: Second Quarter Estimated Taxes Are Due - Now is the time to make your estimated tax payment If you have not already done so, please plan to make your second quarter estimated tax payment. The due date is Monday, June 16th.

The tax code's a maze - full of secret shortcuts and hidden traps. Know where to step, or risk a surprise bill. Here's where many people slip up.

Client Update Newsletter: June 2025 The tax code isn’t just long – it’s tricky. For every deduction or credit that can lower your bill, there’s a sneaky rule waiting to catch you off guard. In this issue, learn about several common tax traps that can surprise anyone. Also in this issue: If you're picking up a s...

A down market means a possible tax savings idea, but not for everyone. Read on.

Making Bad News Good Tax News The turbulent markets create the seeds of an interesting tax planning tip. Not for everyone, but for those thinking ahead, it might make sense.

Always check out a charity before giving. It's a great tax tip and you are rarely sorry you decided to double-check.

Research Your Preferred Charities Often during an audit, what you thought was a qualified deduction to a charitable organization is ruled non-deductable. Here are some hints to make sure your charitable contributions are put to good use, both at the charity and on your tax return.

Getting a tax refund is not all it's cracked up to be. Here are some things to consider.

GREAT! You Have a Large Refund - Now What? For some reason, some believe it is better to receive than give when it comes to filing taxes. While that may help your savings account, it is not always a great idea. Here's why.

Conducting your own review, prior to putting the documents away, can be a great technique... if you ever need them.

Be Prepared. Audits Still Happen. - Better to be surprised now than during an audit After filing a tax return, most of us are simply relieved another tax year is done. Before moving on to next year, please spend a moment organizing your records. Here are some ideas.

Start planning for a lower 2025 tax bill with a review of four key areas of your financial life. Also review several tips for scoring the best travel deals this summer.

Client Update Newsletter: May 2025 Now that the April 15th tax filing deadline has come and gone, you could wait until January to think about taxes again – but that’s a bit like waiting until the night before a major exam to start studying...you might get through it, but it probably won't yield the best results. If you wa...

Now is the time for taxes AND reviewing your Social Security earnings report.

An Earnings Report Review is For Everyone! - It is now easier than ever to check your report You are the only one that can confirm the accuracy of your Social Security earnings record. Without timely correction of any errors, you may be short-changing yourself when benefit checks start during your retirement years.

The tax code is filled with age triggers. If you don't know them you could be in for a big surprise!

Age (not death!) and Taxes - Age does matter, when it comes to tax obligations The tax code is filled with age triggers. Some are beneficial, while others can create a tax increase surprise. Outlined here are some of the important age triggers everyone should know.