Tax Planning

Shocked by Your Latest Tax Bill? Here’s What to Do Now
Tax Planning

Shocked by Your Latest Tax Bill? Here’s What to Do Now

July 8, 2019

Recent changes in the tax law shocked many taxpayers. How to lessen the shock—and tax bite—next time.

Simplifying Your Tax Prep Process
The Pay-Less-Tax Man

Simplifying Your Tax Prep Process

Edward Mendlowitz, CPA, ABV, PFS | June 24, 2019

Here are some ways to simplify the process of preparing tax returns in the future and perhaps reduce clutter.

Changing Your State of Residency for Tax Purposes Can Be Tricky
The Pay-Less-Tax Man

Changing Your State of Residency for Tax Purposes Can Be Tricky

Edward Mendlowitz, CPA, ABV, PFS | May 27, 2019

In many states, an individual can qualify as a resident for tax purposes under two sets of circumstances. It’s vital to follow the rules closely.

Don’t Let the New Kiddie Tax Hurt You
Tax Planning

Don’t Let the New Kiddie Tax Hurt You

April 8, 2019

Before you put investments in a child’s name, run these numbers

Some Home Owners Could Legally Defer Their Property Taxes—Are You One?
Tax Planning

Some Home Owners Could Legally Defer Their Property Taxes—Are You One?

Abigail Walters | April 8, 2019

Two dozen states let some seniors delay paying their property tax until they sell their homes or die—a potentially huge savings.

Estate Income Tax Planning for People with No Taxable Estates
The Pay-Less-Tax Man

Estate Income Tax Planning for People with No Taxable Estates

Edward Mendlowitz, CPA, ABV, PFS | May 28, 2018

Even if your estate won’t be big enough to owe estate tax, to save money, there are tax rules—and tax-planning moves—you should know about.

Post-Tax-Season Planning Tips for 2018
The Pay-Less-Tax Man

Post-Tax-Season Planning Tips for 2018

Edward Mendlowitz, CPA, ABV, PFS | April 30, 2018

Now that tax season is done, here’s how to switch into tax-planning mode and make your 2018 taxes as low as possible.

Many Taxpayers Are Now Underwithholding
Tax Planning

Many Taxpayers Are Now Underwithholding

Edward Mendlowitz, CPA, ABV, PFS | March 8, 2018

With the new tax law in effect as of 2018, you should review how much income tax you are having withheld from your paycheck in light of the changes.

A Dozen Tax Breaks for Education Expenses
The Pay-Less-Tax Man

A Dozen Tax Breaks for Education Expenses

Edward Mendlowitz, CPA, ABV, PFS | March 5, 2018

There are many tax breaks that can save parents and students money on the cost of college, primary and secondary education. Here are 12 of them.

New Tax-Planning Opportunities for 2018—Start Making these Moves Now
The Pay-Less-Tax Man

New Tax-Planning Opportunities for 2018—Start Making these Moves Now

Edward Mendlowitz, CPA, ABV, PFS | February 5, 2018

Even if you haven’t finished preparing your 2017 tax return, now is the time to consider these powerful tax-planning moves to reduce your taxes for 2018.

5 Strategies to Save Money Under the New Tax Law
Tax Planning

5 Strategies to Save Money Under the New Tax Law

Greg Rosica, CPA, CFP | January 22, 2018

Money-saving strategies to help you win under the new tax law when it comes to retirement accounts…deductions…home buying…borrowing...and more.

It’s Last Call for these Tax Deductions
The Pay-Less-Tax Man

It’s Last Call for these Tax Deductions

Edward Mendlowitz, CPA, ABV, PFS | December 11, 2017

With big tax changes coming for 2018, here’s what taxpayers should do before the end of 2017 to save on taxes.

Avoid These Costly Year-End Tax Mistakes for 2017
Tax Planning

Avoid These Costly Year-End Tax Mistakes for 2017

Brian Vnak, CFP | November 16, 2017

Five year-end tax blunders to avoid as 2017 draws to a close.

Why “Tax Time” Is Now—And You Should Do These 10 Things in November or December
The Pay-Less-Tax Man

Why “Tax Time” Is Now—And You Should Do These 10 Things in November or December

Edward Mendlowitz, CPA, ABV, PFS | November 13, 2017

Here are 10 tax-saving moves that everyone should consider making before the year ends to save on taxes.

Second-Marriage Tax Considerations
The Pay-Less-Tax Man

Second-Marriage Tax Considerations

Edward Mendlowitz, CPA, ABV, PFS | September 15, 2017

Tax issues with a second marriage are much more complex than with a first marriage. Planning beforehand can save a lot of time, worry and money later.