Taxes

March 10 - Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips during February, you are required to report them to your employer on IRS Form 4070 no later than March 10. See Pub.

Picture this: You’re hunched over last year’s budget, crossing out line items you think you can live without. And then what happens? The same stuff makes it back on the list anyway. Why? Because “that’s what we spent last year,” right? The Problem with “That’s How

Remember when “downsizing” was something you did to your closet every spring? Now, it’s a buzzword for a major financial move: selling the big family home to streamline expenses, pocket extra cash, or fund that dream RV trip. Especially for Baby Boomers and Gen Xers

When you’re planning the perfect retirement, it’s easy to focus on the fun stuff—like a sunnier climate, a nearby golf course, or how many grandkids you can squeeze into holiday photos. But there’s one factor that can make or break your plans: estate and inheritance

The UK’s tax landscape is undergoing a seismic shift, particularly for high-net-worth foreign residents who have long benefited from the country’s non-domiciled ("non-dom") tax status. The non-dom regime, which allowed UK residents whose permanent home was elsewhere only to pay tax on their UK income—while foreign

Tariffs aren’t just numbers on a spreadsheet anymore. They’re eating into your profit margins, creating supplier drama, and forcing you to rework your entire budget. If you’re an SMB owner or financial manager, you’re probably wondering how to navigate this new normal—especially when these U.S.

As electric vehicle (EV) adoption accelerates across the U.S., states are grappling with a major funding dilemma: how to replace the billions of dollars traditionally generated by gasoline taxes, which have long funded infrastructure and road maintenance. Since EVs don’t use gasoline, their owners don’t

Picture This… It’s Monday morning. You’re running on caffeine fumes and a sliver of hope as you open the mail. Then—bam—you see it. A letter from the IRS. You scan the page, your eyes land on those dreadful words: “Wage Garnishment.” Your heart plummets. Questions come

This is part of a series of articles to tax clients to help you keep up to date on what is going on in Capitol Hill on tax related issues so you can plan appropriately. Please contact this office with questions. In our last bulletin

Winning a $1.26 billion Mega Millions jackpot is a dream come true—but it’s also the beginning of a whirlwind of decisions that can make or break a winner’s financial future. For the California resident holding last year’s golden ticket, tax season will be anything but