Kat

About Kat

This author has not yet filled in any details.
So far Kat has created 299 blog entries.

December Newsletter

Article Highlights: Not Needing to File a 2023 Return? Are Your Children Attending College? Did You Sell Your Home This Year? Do You Have an Employer Health Flexible Spending Account? Did You Become Eligible to Make Health Savings Account (HSA) Contributions This Year? Is Your Income Unusually Low This Year? Must You Take a Required [...]

By |2023-12-04T09:48:34-08:00December 4th, 2023|Categories: Uncategorized|0 Comments

November 2023 Due Dates

November 13 - Report Tips to EmployerIf you are an employee who works for tips and received more than $20 in tips during October, you are required to report them to your employer on IRS Form 4070 no later than November 13. Your employer is required to withhold FICA taxes and income tax withholding for [...]

By |2023-11-06T11:34:10-08:00November 6th, 2023|Categories: Uncategorized|Comments Off on November 2023 Due Dates

Coastal Tax Advisors 2023 Fishing Trip

The CTA staff got their sea legs this weekend! At five am the team took off towards the Coronado Islands, just south of the border. A day well spent with breakfast sandwiches, burgers, smiles, laughter ... a little bit of yawning & lots of fishing!  One of our partners, Dave, setting up to show us [...]

By |2023-10-04T15:19:03-07:00October 4th, 2023|Categories: Uncategorized|Comments Off on Coastal Tax Advisors 2023 Fishing Trip

October 2023 Newsletter & Due Dates

Article Highlights: October 16, 2023 is the extended due date for 2022 federal 1040 returns.  Late-filing Penalty  Interest on Tax Due  Other October 16 deadlines If you could not complete your 2022 tax return by April 18, 2023 and are now on extension, that extension expires on October 16, 2023. Failure to file before the [...]

By |2023-09-27T11:32:30-07:00September 27th, 2023|Categories: Uncategorized|Comments Off on October 2023 Newsletter & Due Dates

How Does Education Impact Your Taxes?

The kids are back in school! Things like student loans, scholarships, and fellowship grants can play a role in parents’ and college students’ tax liability. Let’s look at how education costs can impact your taxes. Student Loan Forgiveness Student debt is a hot topic.  As of July 2023, total U.S. student loan debt stood at [...]

By |2023-09-06T21:08:14-07:00September 8th, 2023|Categories: Uncategorized|Comments Off on How Does Education Impact Your Taxes?

Are You Ignoring Retirement Planning?

Article Highlights: Predicting Social Security Income Planning for the Future Employer Retirement Plans Tax Incentive Retirement Savings Plans Are you ignoring your future retirement needs? That tends to happen when you are younger, retirement is far in the future, and you believe you have plenty of time to save for it. Some people ignore the [...]

By |2023-09-06T21:04:17-07:00September 6th, 2023|Categories: Uncategorized|Comments Off on Are You Ignoring Retirement Planning?

Hawaii Wildfires State of Emergency – Tax Implications

The United States government is providing tax relief for eligible Hawaii residents amid the rampant wildfires on both Maui and the Big Island. The President has declared a disaster for all parts of Hawaii affected by the wildfires.  Disaster area taxpayers will now have until February 15, 2024, to file various federal individual and business [...]

By |2023-09-01T23:46:11-07:00September 1st, 2023|Categories: Uncategorized|Comments Off on Hawaii Wildfires State of Emergency – Tax Implications

September 2023 Individual Due Dates and Information

September 1 - 2023 Fall and 2024Tax Planning Contact this office to schedule a consultation appointment.September 11 - Report Tips to EmployerIf you are an employee who works for tips and received more than $20 in tips during August, you are required to report them to your employer on IRS Form 4070 no later than [...]

By |2023-08-30T23:45:16-07:00August 30th, 2023|Categories: Uncategorized|Comments Off on September 2023 Individual Due Dates and Information

Tax Breaks for Grandparents

Article Highlights: Head of household filing status Earned income tax credit Child tax credit Child care credit for certain working grandparents Grandchild’s education credits Medical and dental expenses More and more individuals who thought their child-rearing days were over are now raising their grandchildren. It is estimated that 6.5 million children in the United States [...]

By |2023-08-30T23:47:46-07:00August 9th, 2023|Categories: Uncategorized|Comments Off on Tax Breaks for Grandparents
Go to Top