Posts
Trust Pointe Tax and Financial Advisory
9 days ago
December 19 Year-End Reminder: If you’re a business owner or real estate professional, now is the time to review your year-end numbers before Decem... more
Trust Pointe Tax and Financial Advisory
10 days ago
Your tax bill isn’t just about income — it’s about three levers:
1️⃣ Entity structure (how you get paid matters)
2️⃣ Deduction strategy (what’s t... more
Trust Pointe Tax and Financial Advisory
10 days ago
Year-end for real estate nonprofits isn’t just a bookkeeping chore — it’s governance, compliance, and donor confidence all in one.
If you want cle... more
Trust Pointe Tax and Financial Advisory
11 days ago
A lot of business owners don’t realize this: 2026 is a reset year for several tax rules that have shaped planning since 2018. That means your curre... more
Trust Pointe Tax and Financial Advisory
15 days ago
Messy books don’t just create confusion — they quietly drain your profits.
Most small business owners don’t realize how much money slips through th... more
Trust Pointe Tax and Financial Advisory
22 days ago
Tax season may be weeks away, but the scammers are already shopping.
The IRS and the Security Summit just kicked off the 10th Annual National Tax S... more
Trust Pointe Tax and Financial Advisory
23 days ago
If something feels off, trust your instincts.
Scammers get louder during the holidays — but your awareness is your best protection.
If you’re unsur... more
Trust Pointe Tax and Financial Advisory
24 days ago
As we close out the year, now is the perfect time to set clear, intentional goals for 2025. Strong goals create strong results — especially when it... more
Trust Pointe Tax and Financial Advisory
25 days ago
The holiday season gets hectic fast — but a few minutes of preparation today can save you hours of stress during tax season. While you’re wrapping ... more
Trust Pointe Tax and Financial Advisory
1 month ago
Happy Thanksgiving from my family to yours! 🧡
Thank you for trusting me and trusting Trust Pointe Tax & Financial Advisory Inc.
So grateful for ea... more
Trust Pointe Tax and Financial Advisory
1 month ago
Choosing a tax professional isn’t just about filing — it’s about protecting everything you’ve worked for.
At Trust Pointe Tax & Financial Advisory,... more
Trust Pointe Tax and Financial Advisory
1 month ago
Most business owners don’t realize they’re overpaying taxes — not because they’re doing anything “wrong,” but because no one ever showed them a bet... more
Trust Pointe Tax and Financial Advisory
1 month ago
The IRS has issued a correction:
The interest rate for corporate overpayments over $10,000 is 4.5% — not the amount originally published.
Small de... more
Trust Pointe Tax and Financial Advisory
1 month ago
The IRS has released its confirmed interest rates for Q1 2026, with no changes across individual or corporate categories.
Key rates include:
• 7% f... more
Trust Pointe Tax and Financial Advisory
1 month ago
If you’re managing deals, clients, and listings from your home, you may qualify for a home office deduction — up to $1,500 using the simplified met... more
Trust Pointe Tax and Financial Advisory
1 month ago
Under Section 179, you can write off up to $1,220,000 of qualifying business equipment and improvements in 2025—including office furniture, compute... more
Trust Pointe Tax and Financial Advisory
1 month ago
Dressed like a vampire, but I’m out here saving your money — not sucking it dry. 🦇💼
Happy Halloween from Trust Pointe Tax & Financial Advisory In... more
Trust Pointe Tax and Financial Advisory
1 month ago
Meet the face behind the strategy — La Toya Price, your trusted expert at Trust Pointe Tax & Financial Advisory Inc.
Tax season doesn’t have to b... more
Trust Pointe Tax and Financial Advisory
1 month ago
No matter your tax situation — we’ve got you covered.
Whether you’re behind on filings, juggling payroll, or just trying to figure out which tax ... more
Trust Pointe Tax and Financial Advisory
1 month ago
Tax season doesn’t have to feel overwhelming.
When you’ve got the right strategy, tax time turns into savings time.
We help business owners lik... more
Trust Pointe Tax and Financial Advisory
2 months ago
We believe every dollar should work as hard as you do.
Our mission is simple — to help you maximize the value of every dollar through smart tax s... more
Trust Pointe Tax and Financial Advisory
2 months ago
🍁 Tax Season is Here — Let’s Make It Simple, Together.
No more stress. No more last-minute scrambling. At Trust Pointe Tax & Financial Advisory, w... more
Trust Pointe Tax and Financial Advisory
2 months ago
Most real estate professionals overpay in taxes — not because they’re careless, but because they’re using the wrong strategy.
Your income isn’t li... more
Trust Pointe Tax and Financial Advisory
2 months ago
Most real estate professionals are overpaying in self-employment tax — simply because they’re using the wrong business structure.
An S-Corp electi... more
Trust Pointe Tax and Financial Advisory
2 months ago
Tax Deadline Reminder:
If you filed for an extension earlier this year, October 15 is your last day to submit your 2023 tax return.
Don’t wait un... more
Trust Pointe Tax and Financial Advisory
2 months ago
Financial success isn’t built overnight—it’s built through consistency.
Every small action you take today moves you closer to long-term financial f... more
Trust Pointe Tax and Financial Advisory
2 months ago
Start your week with strategy, not stress. Did you know that qualifying for Real Estate Professional Status (REPS) can allow you to deduct rental l... more
Trust Pointe Tax and Financial Advisory
3 months ago
Payroll doesn’t have to be stressful.
Your team deserves to be paid accurately and on time, every time. At Trust Pointe, we take the headache out o... more
Trust Pointe Tax and Financial Advisory
3 months ago
Got an IRS Letter? Don’t Panic!
An IRS notice doesn’t have to mean stress. At Trust Pointe Financial Services, we provide full IRS representation... more
Trust Pointe Tax and Financial Advisory
3 months ago
We’re proud to hold federal and state certifications that prove our commitment to excellence, compliance, and serving our clients with integrity:
... more
Trust Pointe Tax and Financial Advisory
3 months ago
Did you know your car could be one of your biggest tax deductions as a real estate professional?
The IRS lets you deduct your business driving two... more
Trust Pointe Tax and Financial Advisory
3 months ago
Big tax change for 2025: The SALT (State and Local Tax) deduction cap rises from $10,000 to $40,000.
What it means:
Taxpayers in high-tax states... more
Trust Pointe Tax and Financial Advisory
3 months ago
Did you know?
Real estate professionals may qualify for the Qualified Business Income Deduction (QBI)—allowing you to deduct 20% of your net busine... more
Trust Pointe Tax and Financial Advisory
3 months ago
💪 Happy Labor Day!
Today we honor the hands, hearts, and minds that build our communities and shape our future.
Whether you’re an entrepreneur, ... more
Trust Pointe Tax and Financial Advisory
3 months ago
Happy September! 🍂
A new month is the perfect time to reset both your mindset and your money.
Real estate professionals—choosing the right entity... more
Trust Pointe Tax and Financial Advisory
4 months ago
If you rent out your home or vacation property for 14 days or less in a year, the income is 100% tax-free. 🙌
That means you can pocket that renta... more
Trust Pointe Tax and Financial Advisory
4 months ago
Still filing as a sole proprietor and making over $75K?
You’re likely paying too much in self-employment tax.
Sole prop status isn’t built for sca... more
Trust Pointe Tax and Financial Advisory
6 months ago
Avoid the stress of year-end cleanup costs with our proactive bookkeeping services! Keep your finances organized and save money by staying ahead of... more
Trust Pointe Tax and Financial Advisory
6 months ago
A moment of financial empowerment can change everything. Think back to a time when you took control of your finances and felt truly empowered; we w... more
Trust Pointe Tax and Financial Advisory
6 months ago
🌟 Happy National Creativity Day! 🌟 At our Tax Service, we believe that creativity can be a game changer in every aspect of life, including managi... more
Trust Pointe Tax and Financial Advisory
7 months ago
Many business owners miss out on valuable tax credits that could significantly reduce their tax liabilities. Understanding and claiming these credi... more
Trust Pointe Tax and Financial Advisory
7 months ago
🍷 Cheers to National Wine Day! While you're uncorking your favorite bottle, remember that tax season might be over, but we’re still here to help y... more
Trust Pointe Tax and Financial Advisory
7 months ago
Unlock your savings with a free 30-minute tax strategy session! 💼📅 Discover how tailored tax planning can help you keep more money in your pocket... more
Trust Pointe Tax and Financial Advisory
7 months ago
With the arrival of spring, it's time to rejuvenate your financial outlook. 🌸🌿 Our expert tax planning services can help you cultivate savings an... more
Trust Pointe Tax and Financial Advisory
7 months ago
🚗💼 Planning a road trip? Don’t forget to keep track of those travel expenses! 🧾 As you hit the open road, remember that you can deduct certain c... more
Trust Pointe Tax and Financial Advisory
7 months ago
Elevate your financial game with innovative tax solutions designed specifically for your needs. Visit our website to learn how to optimize your tax... more
Trust Pointe Tax and Financial Advisory
7 months ago
🚗💼 Happy National Road Trip Day! As you hit the open road, don't forget about your tax obligations! Whether you're traveling for business or plea... more
Trust Pointe Tax and Financial Advisory
7 months ago
Maximize your tax savings with our tailored strategies! 💼✨ Discover how our expert team can help you navigate complex tax laws and keep more money... more
Trust Pointe Tax and Financial Advisory
8 months ago
Explore our expert tax preparation services to keep more money in your pockets and scale your business effectively. Visit our website today for tai... more
Trust Pointe Tax and Financial Advisory
1 year ago
In the labyrinth of tax regulations, the self-employed health insurance deduction stands out as a beacon of relief for self-employed individuals, p... more
Trust Pointe Tax and Financial Advisory
1 year ago
On June 20, 2024 the IRS announced significant updates regarding the processing of Employee Retention Credit claims. Watch this video to learn more.
Trust Pointe Tax and Financial Advisory
1 year ago
Social Security benefits serve as a crucial financial backbone for millions of retirees, disabled individuals, and families of deceased workers in ... more
Trust Pointe Tax and Financial Advisory
1 year ago
Soda taxes are being implemented in major cities across the country. Find out how Seattle’s tax is reducing childhood obesity, and could impact the... more
Trust Pointe Tax and Financial Advisory
1 year ago
The complexity of the ERC and aggressive marketing by some promoters have led to a significant number of erroneous claims being filed. As a result,... more
Trust Pointe Tax and Financial Advisory
1 year ago
Starting a new business involves various costs, many of which can be deducted to reduce your taxable income. Watch this video to learn more about t... more
Trust Pointe Tax and Financial Advisory
1 year ago
The U.S. government offers individuals an adoption tax credit to help alleviate some of the financial burdens associated with adoption.
Trust Pointe Tax and Financial Advisory
1 year ago
In the complex world of real estate, understanding the tax implications of your professional status is crucial. The Internal Revenue Code has speci... more
Trust Pointe Tax and Financial Advisory
1 year ago
Learn how you can save on taxes by making charitable contributions directly from your IRA.
Trust Pointe Tax and Financial Advisory
1 year ago
Over one million tax returns were flagged for identity theft last year. Learn how the IRS is protecting you and what you can do to protect yourself... more
Trust Pointe Tax and Financial Advisory
1 year ago
Discover key lessons from Michael Jackson's $700 million IRS tax dispute. Learn how to avoid common estate planning and tax issues to protect your ... more
Trust Pointe Tax and Financial Advisory
1 year ago
With political campaigns in full swing, you might be looking to donate to or work for your campaign of choice. But are political contributions tax-... more
Trust Pointe Tax and Financial Advisory
1 year ago
Explore President Biden's proposed capital gains tax increases and their potential impact on business owners and boomers planning to sell assets. L... more
Trust Pointe Tax and Financial Advisory
1 year ago
Learn budgeting tips, financial strategies, and the benefits of partnering with an accounting expert to achieve financial stability and growth.
Trust Pointe Tax and Financial Advisory
1 year ago
Underpayment penalties are a common concern for taxpayers, and many are unaware of how substantial they can be. These penalties are assessed by the... more
Trust Pointe Tax and Financial Advisory
1 year ago
Discover why living below your means is crucial for new entrepreneurs. Learn practical tips for managing cash flow, maintaining investor confidence... more
Trust Pointe Tax and Financial Advisory
1 year ago
Planning ahead and making strategic financial decisions mid-year can significantly reduce your tax liability and maximize your savings. Watch this ... more
Trust Pointe Tax and Financial Advisory
1 year ago
Summer is approaching, and this may be a good time to find your child employment. The standard deduction for a single individual is $14,600 in 2024... more
Trust Pointe Tax and Financial Advisory
1 year ago
Summer break is the perfect time to explore employment opportunities for your children. Watch this video to learn what tax advantages are there for... more
Trust Pointe Tax and Financial Advisory
1 year ago
Below are twelve essential tax strategies designed to preserve and enhance your wealth.
Trust Pointe Tax and Financial Advisory
1 year ago
The IRS extended the deadline for filing certain tax returns for taxpayers affected by some disasters until June 17, 2024
Trust Pointe Tax and Financial Advisory
1 year ago
Now that your taxes are complete and filed for last year, you are probably wondering what old records can be discarded. There is no fixed timeline;... more
Trust Pointe Tax and Financial Advisory
1 year ago
If you are getting married this year, there is a long list of things you need to be aware of and plan for before tying the knot that can have a sig... more
Trust Pointe Tax and Financial Advisory
1 year ago
In an effort to prevent high-income parents from exploiting tax benefits by shifting their investment income to their children, who typically fall ... more
Trust Pointe Tax and Financial Advisory
1 year ago
In the face of slowing economic times and rising labor costs, small and medium-sized businesses (SMBs) must find innovative ways to maintain profit... more
Trust Pointe Tax and Financial Advisory
1 year ago
Critical strategies for small business cash flow management.
Trust Pointe Tax and Financial Advisory
1 year ago
Navigating legal settlement taxation and deducting associated fees is complex. IRS rules govern these transactions. Understanding them is crucial f... more
Trust Pointe Tax and Financial Advisory
1 year ago
Did you know there are certain circumstances in which pet owners can claim tax deductions for their furry friends? Find out if you qualify!
Trust Pointe Tax and Financial Advisory
1 year ago
The tax code includes several tax benefits available to public safety officers allowing them to maximize these benefits and reduce their tax liabil... more
Trust Pointe Tax and Financial Advisory
1 year ago
Medicaid waiver payments have become a significant aspect of the healthcare and tax landscape in the United States, especially for individuals and ... more
Trust Pointe Tax and Financial Advisory
1 year ago
Dive into the world of ‘superfake’ handbags and how these impressive replicas can wreak havoc on taxation around the world. Full details.
Trust Pointe Tax and Financial Advisory
1 year ago
Discover what to do when you receive an IRS letter in your mailbox. With computer matching driving audits, our experts can help ease the anxiety.
Trust Pointe Tax and Financial Advisory
1 year ago
Thinking of discarding your old tax records? Consider these tips before doing so.
Trust Pointe Tax and Financial Advisory
1 year ago
A proposed endowment tax in Massachusetts could reshape higher education as we know it. Discover the impact on Harvard, MIT, and more.
Trust Pointe Tax and Financial Advisory
1 year ago
Discover how recent R&D tax credit legislation impacts small to medium-sized businesses. Our expert analysis offers clarity and strategic advice.
Trust Pointe Tax and Financial Advisory
1 year ago
For families who have disabled children or children with special needs, tax laws provide opportunities to save substantial amounts of money at tax ... more
Trust Pointe Tax and Financial Advisory
1 year ago
Discover the most litigated tax issues and how to avoid them with our expert guide. Learn best practices for compliance and how our tax professiona... more
Trust Pointe Tax and Financial Advisory
1 year ago
Employers may now offer their non-highly compensated employees the option to contribute to emergency savings accounts directly linked to their pens... more
Trust Pointe Tax and Financial Advisory
1 year ago
Although the retirement phase of life may seem to be far in the future, to retire comfortably, people should start planning for it early in life.
Trust Pointe Tax and Financial Advisory
1 year ago
The tax code places limits on the amounts that individuals can gift to others (as money or property) without paying taxes. This is meant to keep an... more
Trust Pointe Tax and Financial Advisory
1 year ago
Many parents who work or are actively looking for work must arrange for care of their children after the school day ends and during school vacation... more
Trust Pointe Tax and Financial Advisory
1 year ago
This guide will help you understand and correctly handle payroll taxes to be legally compliant. Learn more.
Trust Pointe Tax and Financial Advisory
1 year ago
This SMB guide walks you through the stages of launch, growth, shake-out, maturity, and decline, offering tips that can influence your strategic de... more
Trust Pointe Tax and Financial Advisory
1 year ago
While the specific details of Tekashi 6ix9ine’s tax issues leading to the seizure have not been fully disclosed, the operation's visibility and tar... more
Trust Pointe Tax and Financial Advisory
1 year ago
A custodial account is a financial account established by an adult on behalf of a minor. There are two main types. Learn more.
Trust Pointe Tax and Financial Advisory
1 year ago
Using the installment sale method of receiving and reporting the gain from the sale of a capital asset can spread that gain over multiple years and... more
Trust Pointe Tax and Financial Advisory
1 year ago
The Recovery Rebate Credit was designed for those who did not receive one or both Covid-19 pandemic-related stimulus checks they were entitled to i... more
Trust Pointe Tax and Financial Advisory
1 year ago
Chicago has been facing significant property tax challenges. Discover how the recent "Mansion Tax" rejection could impact the Windy City.
Trust Pointe Tax and Financial Advisory
1 year ago
The tax code provides two advantageous ways of saving for your children’s education. One covers kindergarten through postsecondary education, but v... more
Trust Pointe Tax and Financial Advisory
1 year ago
Alcoholism and drug addiction are a problem for many families. Fortunately, for tax purposes, treatment is for a medical ailment. Thus, treatment e... more
Trust Pointe Tax and Financial Advisory
1 year ago
Individuals have many options when they cannot pay their tax liability by the April due date.
Trust Pointe Tax and Financial Advisory
1 year ago
For the 10% of taxpayers claiming itemized deductions, the most common tax-deductible charitable donation is that of household goods and used cloth... more
Trust Pointe Tax and Financial Advisory
1 year ago
If you have not yet filed your 2020 tax return and have a refund due from the IRS, the refund will be forfeited if you do not file for it by the Ma... more
Trust Pointe Tax and Financial Advisory
1 year ago
The deadline for most taxpayers to file a federal tax return is coming. Remember to file your tax or file an extension, and pay your due on time.
Trust Pointe Tax and Financial Advisory
1 year ago
This guide will not only help you identify and solve overstaffing issues but also ensure your necessary employees remain engaged and productive. Le... more
Trust Pointe Tax and Financial Advisory
1 year ago
When someone says that you can write off an expense on your taxes, that claim may be true, but it also may only be partially true or not true at al... more
Trust Pointe Tax and Financial Advisory
1 year ago
The IRS is joining the AI revolution. Learn how the agency is using artificial intelligence to tackle tax evasion.
Trust Pointe Tax and Financial Advisory
1 year ago
Self-employed taxpayers and those not subject to income tax withholding should remember to make their estimated tax requirements.
Trust Pointe Tax and Financial Advisory
1 year ago
Disabled individuals, or the taxpayers claiming them as a dependent, may benefit from several tax provisions, including increased standard deductio... more
Trust Pointe Tax and Financial Advisory
1 year ago
Discover essential tips and strategies to safeguard your business against economic downturns and emerge stronger than ever. Learn more.
Trust Pointe Tax and Financial Advisory
1 year ago
As a reminder to those who have not yet filed their 2023 tax returns, April 15, 2024, is the due date to either file a return (and pay the taxes ow... more
Trust Pointe Tax and Financial Advisory
1 year ago
Discover the essential guide to succession planning, from understanding its significance and benefits to actionable strategies for seamless transit... more
Trust Pointe Tax and Financial Advisory
1 year ago
Discover essential strategies for high-net-worth individuals and corporations to navigate the IRS's increased scrutiny of corporate jet usage.
Trust Pointe Tax and Financial Advisory
1 year ago
Individuals have many options when they cannot pay their tax liability by the April due date, including setting up an IRS payment plan, making a pa... more
Trust Pointe Tax and Financial Advisory
1 year ago
Get a quick look at Biden’s new tax agenda proposed during his State of the Union on March 7, 2024.
Trust Pointe Tax and Financial Advisory
1 year ago
Unlike employees, who have taxes withheld from their wages, self-employed individuals must prepay their taxes by making periodic estimated tax paym... more
Trust Pointe Tax and Financial Advisory
1 year ago
President Biden released the highlights of his tax agenda for the next fiscal year during his State of the Union address before Congress on March 7... more
Trust Pointe Tax and Financial Advisory
1 year ago
There are some unique ways to make charitable contributions that can provide tax advantages to the donor.
Trust Pointe Tax and Financial Advisory
1 year ago
Avoid tax scams by working with our team (and following these 10 tips!)
Trust Pointe Tax and Financial Advisory
1 year ago
If you have experienced identity theft in the past, it is imperative to exercise heightened vigilance and proactive measures, especially during the... more
Trust Pointe Tax and Financial Advisory
1 year ago
Are you a small business owner? Use these innovative approaches to make tax season your best sales season yet!
Trust Pointe Tax and Financial Advisory
1 year ago
On March 1, 2024, a federal district court in Alabama declared the Corporate Transparency Act (CTA), a piece of legislation aimed at combating mone... more
Trust Pointe Tax and Financial Advisory
1 year ago
In the ever-evolving landscape of business regulations, the Corporate Transparency Act (CTA), passed as part of the National Defense Authorization ... more
Trust Pointe Tax and Financial Advisory
1 year ago
Home office tax deduction can be tempting for work-from-home taxpayers, but it comes with complex qualifications and calculations. Watch this video... more
Trust Pointe Tax and Financial Advisory
1 year ago
If you think that education credits are just for sending your children to college, think again; the credits are available to you, your spouse (if y... more
Trust Pointe Tax and Financial Advisory
1 year ago
You can check on the status of your federal tax refund online at IRS.gov within about 48 hours of your return being e-filed or 4 weeks after it was... more
Trust Pointe Tax and Financial Advisory
1 year ago
Check out this video to learn more about Charity Volunteer Tax Breaks.
Trust Pointe Tax and Financial Advisory
1 year ago
Discover the essentials of business cyber security, from understanding cyber threats to implementing effective network security measures. Protect y... more
Trust Pointe Tax and Financial Advisory
1 year ago
Farmers and fishers who chose to forgo making 2023 estimated tax payments by January must generally file their 2023 federal income tax return and p... more
Trust Pointe Tax and Financial Advisory
1 year ago
The U.S. Department of Labor (DOL) announced on Jan. 9, 2024, the issuance of its final rule regarding whether a worker is an employee or an indepe... more
Trust Pointe Tax and Financial Advisory
1 year ago
Unlock the complexities of plaintiff awards and their tax implications. Delve into our expert insights to navigate legal settlements and judgments ... more
Trust Pointe Tax and Financial Advisory
1 year ago
The decision concerning whom you designate as the beneficiary of your traditional IRA is critically important and affects the minimum amounts you m... more
Trust Pointe Tax and Financial Advisory
1 year ago
Discover the importance of separating personal and business finances for small business owners. Learn how distinct bank accounts and credit cards c... more
Trust Pointe Tax and Financial Advisory
1 year ago
The tax code places limits on the amounts that individuals can gift to others (as money or property) without paying taxes.
Trust Pointe Tax and Financial Advisory
1 year ago
Explore the complexities Baby Boomers face when downsizing homes, from capital gains tax dilemmas to housing market dynamics.
Trust Pointe Tax and Financial Advisory
1 year ago
As part of a larger effort to protect small businesses and organizations from improper refund claims, the IRS in December of 2023 introduced a New ... more
Trust Pointe Tax and Financial Advisory
1 year ago
Although no tax deduction is allowed for the value of services performed for a charity, there are deductions permitted for out-of-pocket costs incu... more
Trust Pointe Tax and Financial Advisory
1 year ago
A tax credit is available to some taxpayers for the expenses they incur for the care of a child, spouse, or other dependent while the taxpayer is g... more
Trust Pointe Tax and Financial Advisory
1 year ago
Most U.S. citizens and permanent residents who work in the United States need to file a tax return if they make more than a certain amount for the ... more
Trust Pointe Tax and Financial Advisory
1 year ago
The IRS has announced a resumption of their collection letters in 2024 for outstanding tax liabilities from 2020 and 2021 and penalty relief for so... more
Trust Pointe Tax and Financial Advisory
1 year ago
Generally, individuals who are 70½ or older may make a Qualified Charitable Distribution (QCD) of up to $100,000 from their individual retirement a... more
Trust Pointe Tax and Financial Advisory
1 year ago
Health insurance premiums, including Medicare-B, -C, and –D; hospitalization; long-term care; and dental are all tax deductible, and subject to AGI... more
Trust Pointe Tax and Financial Advisory
1 year ago
IRS informational reporting forms should soon show up in your mail, if they haven’t already. These documents are also sent to the IRS, so it is imp... more
Trust Pointe Tax and Financial Advisory
1 year ago
Low- and moderate-income taxpayers can save for retirement now and possibly earn a special tax credit in 2024 and years ahead.
Trust Pointe Tax and Financial Advisory
1 year ago
The death of a loved one is one of life’s most difficult times. In addition to being a time for reflection and grieving, it also triggers unique fi... more
Trust Pointe Tax and Financial Advisory
1 year ago
Many U.S. states and municipalities have imposed litter taxes. Find out if they’re working here.
Trust Pointe Tax and Financial Advisory
1 year ago
IRC Sec 1202, Qualified Small Business Stock (QSBS) gain exclusion, provides a significant tax planning strategy. Sec 1202 was enacted in 1993 to e... more
Trust Pointe Tax and Financial Advisory
1 year ago
The IRS is issuing a reminder to individuals who may be eligible for the Recovery Rebate Credit to submit their tax returns and secure their funds ... more
Trust Pointe Tax and Financial Advisory
1 year ago
Our comprehensive guide for Baby Boomers covers everything from understanding Medicare options and supplemental insurance to long-term care conside... more
Trust Pointe Tax and Financial Advisory
1 year ago
A health Flexible Spending Arrangement (FSA) allows employees to be reimbursed for medical expenses. FSAs are usually funded through voluntary sala... more
Trust Pointe Tax and Financial Advisory
1 year ago
As people begin to have their 2023 tax returns prepared, this is a reminder to avoid unethical ghost tax return preparers whose sloppy or fraudulen... more
Trust Pointe Tax and Financial Advisory
1 year ago
This video gives a brief intro on what to watch out for when choosing a tax professional to avoid unscrupulous ghost preparers.
Trust Pointe Tax and Financial Advisory
1 year ago
Understanding the concept of a tax nexus is one of the most significant challenges for many business owners. Learn more.
Trust Pointe Tax and Financial Advisory
1 year ago
Explore the common triggers for IRS audits of small businesses and discover practical tips to navigate tax season with confidence and compliance.
Trust Pointe Tax and Financial Advisory
1 year ago
Back in late 2017 Congress passed the Tax Cuts & Jobs Act of 2017 (TCJA) that made enormous changes to income tax laws. However, most of the provis... more
Trust Pointe Tax and Financial Advisory
1 year ago
Despite a season that didn’t meet expectations, the MLB’s New York Mets are facing an unprecedented tax bill.
Trust Pointe Tax and Financial Advisory
1 year ago
The tax code allows employers to provide their employees with a variety of tax-free fringe benefits. Not all employers will offer all, or even some... more
Trust Pointe Tax and Financial Advisory
1 year ago
The CTA passed a new reporting requirements for businesses in the US, focusing on beneficial ownership, starting in 2024.
Trust Pointe Tax and Financial Advisory
1 year ago
This article will guide you through essential financial resolutions to set the tone for your best money year yet.
Trust Pointe Tax and Financial Advisory
1 year ago
For low- and moderate-income workers, the saver’s credit can be used to offset part of the first $2,000 workers voluntarily contribute to an IRA or... more
Trust Pointe Tax and Financial Advisory
1 year ago
The IRS has announced the new standard mileage rates to be used for automobile tax deductions in 2024.
Trust Pointe Tax and Financial Advisory
1 year ago
The Internal Revenue Service recently announced the inflation- adjusted 2024 optional standard mileage rates used to calculate the deductible costs... more
Trust Pointe Tax and Financial Advisory
2 years ago
With a little advance preparation, taxpayers can approach the upcoming tax season with confidence. Watch this video for what to prepare.
Trust Pointe Tax and Financial Advisory
2 years ago
The IRS has introduced a New Voluntary Disclosure Program that allows employers who received questionable Employee Retention Credits (ERC) to pay t... more
Trust Pointe Tax and Financial Advisory
2 years ago
In the complex world of financial and legal matters, there are times when you may need to authorize a third party to represent you when dealing wit... more
Trust Pointe Tax and Financial Advisory
2 years ago
Unlock the secrets to financial success for your small business by steering clear of common tax and accounting pitfalls. Learn more.
Trust Pointe Tax and Financial Advisory
2 years ago
Explore the latest IRS penalty relief measures, offering a lifeline to millions facing back taxes. Learn more.
Trust Pointe Tax and Financial Advisory
2 years ago
Beginning in 2024, a special election allows a taxpayer purchasing a new clean vehicle or previously owned clean vehicle, to transfer the entirety ... more
Trust Pointe Tax and Financial Advisory
2 years ago
As of Jan. 1, 2024, in certain situations, taxpayers will be able to transfer the new and previously owned clean vehicle credits to the dealer to r... more
Trust Pointe Tax and Financial Advisory
2 years ago
It is mandatory for foreign entities that are conducting business in the United States to have an Employer Identification Number (EIN). It is neede... more
Trust Pointe Tax and Financial Advisory
2 years ago
To protect yourself from IRS tax payment check washing fraud, consider implementing the following safeguards.
Trust Pointe Tax and Financial Advisory
2 years ago
The answer to the question “what income is taxable?” can have some unpleasant surprises and unexpected outcomes.
Trust Pointe Tax and Financial Advisory
2 years ago
Discover the financial benefits of remote work with insights from Stanford economist Nicholas Bloom. Learn how to leverage remote work gains for op... more
Trust Pointe Tax and Financial Advisory
2 years ago
If you pay workers other than employees $600 or more for the year, remember to issue a Form 1099-NEC after the end of year.
Trust Pointe Tax and Financial Advisory
2 years ago
In its ongoing effort to combat questionable Employee Retention Credit (ERC) claims, the IRS has sent more than 20,000 letters advising taxpayers t... more
Trust Pointe Tax and Financial Advisory
2 years ago
Self-employment tax is a tax consisting of Social Security and Medicare taxes primarily for individuals who work for themselves. It is like the Soc... more
Trust Pointe Tax and Financial Advisory
2 years ago
Our aim is to help you navigate the tax implications, understand changes to retirement accounts, and make informed decisions about your social secu... more
Trust Pointe Tax and Financial Advisory
2 years ago
In the ever-evolving landscape of business regulations, the Corporate Transparency Act (CTA), passed as part of the National Defense Authorization ... more
Trust Pointe Tax and Financial Advisory
2 years ago
It’s time to review your 2023 tax withholding to avoid a potential surprise when you file tax return next year.
Trust Pointe Tax and Financial Advisory
2 years ago
A landmark December 5 Supreme Court case could change the face of certain parts of the American tax code.
Trust Pointe Tax and Financial Advisory
2 years ago
From coast to coast, healthcare systems are receiving billions of dollars in tax breaks. Find out what all the debate is about here.
Trust Pointe Tax and Financial Advisory
2 years ago
Starting Jan. 1, 2024, businesses are required to electronically file (e-file) Form 8300, Report of Cash Payments Over $10,000, instead of filing a... more
Trust Pointe Tax and Financial Advisory
2 years ago
The IRS has announced that the threshold for filing 1099-Ks will not be reduced for 2023 to $600 but instead will not be required unless the taxpay... more
Trust Pointe Tax and Financial Advisory
2 years ago
Some small businesses that previously filed paper information returns because the number of information returns they had to issue was below the IRS... more
Trust Pointe Tax and Financial Advisory
2 years ago
Is your income lower than usual this year? Here are some tax planning opportunities you should take advantage of.
Trust Pointe Tax and Financial Advisory
2 years ago
Year-end is rapidly approaching, as are the holidays. So before you become distracted with the seasonal celebrations, it may be in your best intere... more
This site uses cookies from Google to deliver its services. By using this site, you agree to its use of cookies.