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The sooner your documents are in the earlier your return will be complete!

The sooner your documents are in the earlier your return will be complete!

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2020 Social Security Changes

Those receiving social security benefits are to see a 1.6% increase in their benefits for 2020. This is due to a cost of living adjustment by the Social Security Administration. This increase in the monthly payout will be around $24 for the average retired worker and about $20 for the average disabled worker. In order to get the 100% of their retired monthly benefit, worker’s born in 1958 will...

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Have questions, call us at 775-826-3496 or come stop by!

Have questions, call us at 775-826-3496 or come stop by!

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Social Security perk to reduce after 2020

If you withdraw at age 62, your Social Security monthly benefit is permanently reduced. If you wait until after full retirement age to retire, you earn delayed retirement credits that can increase the size of your monthly check from Social Security by two-thirds of a percent each month. This has been in place for years, but 2020 is the last year to get the highest benefit of the retirement...

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Make your tax appointment today!

Make your tax appointment today!

        Scheduling appointments starting February 3rd Call us at 775-826-3496 Office hours Mon-Fri 8:00 a.m. to 5:00 p.m. Or if you prefer, you can drop off your documents at the front...

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Update on the Health Care Mandate

The Individual Shared Responsibility Payment no longer exists at the federal level. What does this mean for you? In prior years, taxpayers had to pay a fee or were penalized on their taxes if they could afford health insurance, but did not purchase it or did not have a coverage exemption. Now for the 2019 tax season, that penalty has been reduced to zero meaning that you are no longer penalized...

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