by Steven J Weil, PhD, EA, LCAM | Mar 30, 2023 | Blog
Tax Averse? You Might Want to Avoid These High Tax States! Some of the highest state tax burdens can be found in California, New York, Hawaii, Vermont and Minnesota. If you are thinking about moving to these states you may want to think again. California: California...
by Steven J Weil, PhD, EA, LCAM | Mar 29, 2023 | Blog
The states that tax their residents the least are: Alaska, Florida, Nevada, South Dakota, Texas and Wyoming. If your looking for a place to move Alaska might even pay you a dividend of between $1000-$2000 per person per year if you qualify. Don’t like the cold?...
by Steven J Weil, PhD, EA, LCAM | Mar 29, 2023 | Blog
The IRS is warning individuals to stay alert and be weary of shady tax preparers. Watch for warning signs, including charging a fee based on the size of the refund or asking you to sign a blank return. Check out the IRS’ annual Dirty Dozen campaign, a list of 12 scams...
by Steven J Weil, PhD, EA, LCAM | Mar 22, 2023 | Blog, Personal Tax
Social Security income can be taxed at the federal level and at the state level, depending on your total income and where you live. At the federal level, your Social Security income is subject to taxation if your total income exceeds certain thresholds. The Social...
by Steven J Weil, PhD, EA, LCAM | Mar 16, 2023 | Blog, Business Tax, Investments
A SIMPLE is an Affordable Retirement Plan For Small Businesses A SIMPLE (Savings Incentive Match Plan for Employees) is a retirement plan that small business owners can offer to their employees. Here are the basic features of a SIMPLE: Eligibility:...
by Steven J Weil, PhD, EA, LCAM | Mar 13, 2023 | Blog, Business Tax, Personal Tax
What can an Enrolled Agent Do for You? Having an Enrolled Agent (EA) can benefit you in several ways, especially when it comes to your tax-related matters. Here are some of the key benefits of working with an Enrolled Agent: Tax Expertise: Enrolled Agents are licensed...
