Market Tax Services - Kansas City

Do you know the many benefits of incorporating a tax plan into your retirement strategy? Check out this article! ⬇️✅

If your financial advisor isn’t incorporating a tax plan, what are you missing? - Retirement Help A good financial advisor does more than just help you invest wisely and save for retirement. They should also guide you towards resources that help you navigate the complex world of taxes. Tax planning is an essential part of any comprehensive financial strategy. Without a tax plan, you may miss opp...

Here’s how to know if a business expense is deductible:
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First off, are you 100% sure that you have a business? An LLC does NOT equal an automatic write-off. To qualify for a deduction, your business must be profit-focused, considerable, and continuous. This is necessary to avoid “hobby rules”- which equates to no deductions.
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Secondly, start-up costs (or expenses before officially starting your business) are considered delayed deductions. Be sure to remember that you only get to deduct $5k up front, so don’t rack up too many expenses before starting your business!
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So what actually counts as deductible? Once you’ve started your business, most expenses must be considered “Ordinary” (common in your industry) or “Necessary” (helpful to your business). Remember to think practically!

Why Is My Tax Refund Taking Longer Than Usual? - Market Advisory Group With the tax filing deadline now behind us, millions of Americans are hoping for a timely refund — money they’ve already paid toward their federal income taxes. For many, those […]

Roses are red,
Tax season is stressful.
Schedule with us,
and we'll make it successful!

Happy Valentine's Day, everyone! 💌

Tax Advisors Watch Happy Gilmore | We Watch CPA Robert and Enrolled Agent Taylor watch Happy Gilmore to deconstruct how accurate its depiction of Grandma's tax situation really is. ...

How Big Of A Roth Conversion Should I Do?

How Big Of A Roth Conversion Should I Do? For many Americans, there comes a time when a Roth conversion is the right move to make. Transferring assets from one retirement account to a Roth IRA can be a decision filled with questions – like…

Just cause Valentine's Day cards from your favorite tax team 😍

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