FWK & Associates PLLC

If you have been paying out of pocket for medical care this year, some of those costs may already qualify as tax deductions. However, certain criteria and qualifications must be met. Swipe to learn more.

If you would like more information or have any questions about your tax situation and which deductions may apply to you, give us a call today. We are here to help.

Accounting comes with its own vocabulary, and some of the terms that come up most often are not always explained in plain language. So today, our team wanted to share a quick refresher on a few key accounting terms.

Swipe through for a simple breakdown of return on investment (ROI), amortization, and taxable income.

We hope you found this brief explainer helpful. As always, if you have any accounting needs, don’t hesitate to reach out. We are here to help you.

If you have a child heading to college, there are a number of tax considerations that may come into play — many of which overlap in ways that can be easy to miss.

So, with that in mind, our team wanted to share a quick breakdown of key considerations to help you stay informed. Swipe for more information.

When college expenses are involved, tax considerations rarely stand alone. Dependency status, credits, 529 plans, scholarships, and student income all interact. Reviewing these elements together can help you make more informed decisions and avoid surprises.

Our team is here to help guide you. Give us a call today, and we can get started.

If saving for a child’s, grandchild’s, or another family member’s education is one of your goals, a 529 plan may be worth a fresh look.

These plans are no longer viewed only as a college savings tool. Depending on the circumstances, they can help cover college costs, certain K–12 expenses, and even some apprenticeship or credentialing expenses, while still offering valuable tax advantages when the funds are used for qualified education purposes.

Swipe for a couple of frequently asked questions about 529 plans and what those considering them need to know.

If you have questions about whether a 529 plan makes sense for your family, please reach out to our team. We would be happy to help you think through your options.

Key tax deadlines are approaching, and planning ahead can help you avoid late filing penalties, underpayment penalties, and last-minute filing stress.

If you make quarterly estimated tax payments or filed an extension for your 2025 return, several important deadlines fall in the second half of the year. Staying ahead of these dates can help you avoid unexpected tax bills and ensure your payments are accurate.

Contact our team today to schedule a complimentary consultation and keep your tax strategy on track for the months ahead.

As the year goes on, life has a way of keeping things interesting. And while change is often a good thing, it can also bring some surprises come tax season, especially if you're not prepared. Swipe to see four life events that could affect your tax picture.

Have questions about how a recent change may affect your taxes? Give us a call. We're happy to help.

Life doesn't stay the same — and neither does your tax picture. If something major changed for you this year, it's worth taking a closer look now rather than waiting for tax season to bring the surprise. Swipe to see six common life events that could affect your taxes.

Have questions about how a recent change may affect your taxes? Give us a call. We're happy to help.

A new type of investment account for children, known as a Trump Account (also referred to as a 530A account), officially launched in July. Swipe through for answers to a few key questions and facts.

If you have questions about long-term investing, saving for your children's future, or how different investment strategies fit into your overall financial plan, please don't hesitate to reach out. We are happy to help.

While the dust of tax season has fully settled, that doesn’t mean that our work with you is through. We are here for you all year long for any questions or concerns you may have.

Don’t hesitate to reach out to us with any tax needs this summer. Our team is here to leverage our expertise for your benefit.

Even though the 2026 tax season is well and truly behind us, it could be a good idea to start thinking about next year’s filing season. It might feel too early to start thinking about 2027’s filing season, but scheduling a mid-year tax checkup can help you stay ahead of income changes, line up your withholding, and reduce the chances of a surprise when you file.

Swipe for a few key benefits of doing a mid-year tax checkup of your personal taxes.

If you’ve had any income changes, life events, new side income, or big expenses this year, or if you simply want peace of mind, we’d be happy to schedule a short mid-year tax checkup with you. We can review where you stand, identify any adjustments worth making, and help you finish the year with a clear plan. Reach out today to get started.