The Gonzales Group

You should never face an IRS audit alone. Here's why. Plus great ideas for summer tax breaks.

Client Update Newsletter: June 2023 Summertime offers unique tax and money saving opportunities for the whole family. In this month’s newsletter, find out how day camps for your kids may be tax deductible, if you know the rules! And summer is a time when household expenses creep up, so there is an article identifying common caus...

Great ideas to lower your tax bill. Read on!

Client Update Newsletter: May 2023 It's never too early to start thinking about cutting next year's tax bill. In this month's newsletter, read about several ideas to help lower your 2023 tax obligation. And speaking of taxes, summer work often introduces several tax wrinkles that hit young workers and seasonal workers alike. So inclu...

The modern day tax form was introduced in 1913. Guess what the tax rate was. Plus useful ideas to reduce your bills during high inflation. Read on!

Client Update Newsletter: April 2023 If it seems like the income tax has been around forever, well, it's sort of true. The modern Form 1040 was unveiled in 1913, the first year, after paying for the Civil War, that Americans were required pay income taxes to the federal government. With the April filing deadline right around the corner...

New tax rules mean changes for how you save for retirement. Read how these rules affect you. And those with small businesses should know about this potential looming $800+ penalty!

Client Update Newsletter: March 2023 Recent legislation is taking a broad sweep at retirement accounts. While many of the rule changes are implemented over a number of years, some of them are important to know about right away. Summarized in this issue are some of the more important provisions. With the pending flow-through filing dead...

Here are the reasons why you should file your tax return early. Also read about how to prevent the preparation of your return from getting stuck and tips to succeed as an independent contractor.

Client Update Newsletter: February 2023 Now that tax documents have started arriving in your inbox and mailbox, it's easy to set them off to the side to worry about later. There may be some benefit, however, to filing your tax return as soon as you can. In this month's newsletter, read about several reasons why you should consider filing....

New year. New tax return. Reduce the headache with these great organizational tips. Plus some great alternatives to New Year's resolutions are presented for your consideration.

Client Update Newsletter: January 2023 It's tax time! In the next couple of weeks you will be inundated with W-2s and various informational tax forms like 1099s. By paying attention to them, ensuring their accuracy, and that you are getting them all, you will be miles ahead in getting your tax return done. Spend a minute reviewing ways t...

There's still time to lower this year's tax bill with these ideas, plus protect yourself from would be identity theft. All this plus a fun holiday quiz to impress family and friends!

Client Update Newsletter: December 2022 With the hustle and bustle of the holiday season, it's easy to overlook that tax season is right around the corner. To help you make the most of potential tax saving moves before the end of 2022, this month's newsletter features several year-end tax cutting ideas. Also have fun with the entire famil...

Find out how much Social Security benefits increase in 2023. Also read about several tax court cases and what they mean to you, raising a financially savvy child, and avoiding gift card fraud.

Client Update Newsletter: November 2022 Social Security recipients got some great news about their benefits. Check out this month's newsletter to learn more about the cost-of-living increase for 2023. Also read about several tax court cases and what they might mean for your situation, how to raise a financially savvy child, and how to avo...

Here are some tax planning strategies to consider before the end of 2022. Also read about some ideas to improve your personal cash flow and the ingredients of a successful business partnership.

Client Update Newsletter: October 2022 Watching summer transform into beautiful fall colors can be just as mesmerizing as tax planning. Similar to looking closely for gorgeous autumn scenery, with tax planning you’re meticulously on the lookout for opportunities to cut your 2022 taxes. In this month’s newsletter, read about s...

New energy credit details and understanding the financial landmine if your car is ever totaled by insurance lead this month's newsletter. Read on!

Client Update Newsletter: September 2022 This month's newsletter recaps the details of the revamped electric vehicle tax credit and other energy credits in newly passed legislation. Also included this month are some tips to review your recurring monthly bills that seem to automatically creep up. And there is a revealing article on a financ...

Hobbies cannot deduct expenses per the IRS, outline here are ways to avoid this problem. There are also five great ideas to take advantages of IRAs. Plus much more!

Client Update Newsletter: August 2022 Welcome to the last month of traditional summer vacation! And what better way to lead the final month of summer vacation by outlining ideas to save money while taking that long-deserved break. This month's letter includes a review of five ways to take advantage of IRA accounts to reduce your tax bur...

In a new inflationary world its time to be aware of shrinkflation and review suggestions to get the most out of your bank accounts. Here are some ideas. Plus tax surprises and new mileage rates!

Client Update Newsletter: July 2022 The recent run of inflation is causing many people to rethink how to save and where to spend. In this month’s newsletter, there is a recap of the traditional role of how your bank accounts work together to provide a valued resource to handle your funds. There's also a great article on how to i...