by Karla Dennis | Aug 28, 2013 | Blog
oday we’re going to talk about strategic tax planning. Here at Karla Dennis And Associates, Inc.™, one of the goals for my clients is that we’re being proactive and not reactive. January thru April is the tax filing season and that’s where you have reactive planning. At KDA we want to be very strategic and proactive and want to start your planning from January thru December of the current year. Individuals that plan reduce their tax bill by a minimum of $4800. In order to plan, I really need to get to know you. We want to understand you and what’s going on in your life; if you’re completing a short sale, going through a divorce or have children going to college. It’s very important to understand your unique goals, not just for today but for a few years down the road. If you’re starting a business and you’re writing down your income, but need to refinance your property? Knowing this upfront is so key to helping you reduce your tax bill and reaching your financial goals. read...
by Karla Dennis | Aug 27, 2013 | Blog
If you are in a situation that requires Tax Resolution it is important to know that you have help. If you have not filed a tax return in some years it can be a very stressful time while dealing with the constant contact from the IRS or possible debt collectors. Karla Dennis And Associates, Inc.™ have years of experience and want to help you get back on your feet. While any situation that requires Tax Resolution will not simply go away working with a tax expert is the next best thing. Having a tax expert licensed in all fifty states like Karla will help get all of your questions answered from the start. Karla and her team are always working to better understand the tax codes across this country in order to assist those that truly need some help. Before you start writing checks for those taxes owed it may be best to look back and see if your taxes were filed correctly in the first place. A tax payer has up to five years to apply for an amendment to their tax return in order to adjust their adjust gross income. This number, commonly referred to as AGI, is what the IRS determines to be your total income for the calendar year after removing all deductions and write-offs. This amount that is determined on your tax form will ultimately decide what tax bracket you will fall in to. Being in a situation that calls for a Tax Resolution is not uncommon in this country and can happen for many reasons. It is important to know that this is...
by Karla Dennis | Aug 25, 2013 | Blog
Hello everyone my name is Karla Dennis with Cohesive Tax talking with you today about your tax plan for the year 2013. I use this blog to keep homeowners up to date and informed on important information regarding personal and small business tax solutions. Given our ever changing tax laws at the federal and state level it is important to know how you can benefit from current and future laws. Since the year is already half over I wanted to talk in my blog today about whether or not you have a tax strategy in place yet and what to do if you do not. At the end of the day your goal should be to lower your tax bill as much in possible. This means putting a plan in place to make the most money via taxes breaks following these three steps. First off you should review your prior tax strategies and what has and has not worked in the past. Things in your personal life certainly change year in and year out and this can certainly effect your taxes. Second, look at how the first part of this year has been different than last year. May be a large purchase took place or profit from a past investment was realized in this calendar year. You will also want to assess what your overall revenue and expenses have been thus far. The final step is looking at options for your tax strategy future and what that will mean for this current year. It is always important to be looking ahead with your taxes in order to know that...
by Karla Dennis | Aug 24, 2013 | Blog
What if we told you that you could actually make more money by outsourcing the bookkeeping duties for your business? Many business owners scoff at this idea, however when you work with Cohesive Tax and utilize their bookkeeping services, it’s the truth. There has been countless times where a business owner contacts the professional team at Cohesive Tax for assistance with their bookkeeping duties only to find that their business may not have been as lucrative as they once believed. When they let Cohesive Tax come in and handle everything, they actually see how poorly things were and how well Cohesive turned them around. Cohesive Tax can do the same for your business. If you haven’t had a chance to focus on your business, are having trouble with your accounting or taxes or are tired of paying late fees or overdraft fees, now is the time to contact Cohesive Tax. By getting your bookkeeping in order they will actually save you money in the fact that your late fees and overdraft charges will go away, your records are in order at tax time meaning your tax professional will have to spend less time on your return and when you can focus on your business, you can help it grow. Aren’t these things all worth outsourcing your bookkeeping duties? There are so many different benefits to working with a bookkeeping service such as Cohesive Tax. Do yourself and your business a favor and learn more about the services that are provided and just how they can save you money and time. The professionals at Cohesive Tax are ready and waiting...
by Karla Dennis | Aug 22, 2013 | Blog
Hello everyone Karla Dennis with you today talking about getting out from under your current tax burden and wage garnishment issues. As the founder of Karla Dennis And Associates, Inc.™ I provide tax services for individuals and small businesses across all fifty states. This means we can help you with any tax needs whether at the federal, state, or municipal level. Please contact me via my website or by calling our office today if you are in need of tax resolution services, and wage garnishments and don’t know what to do. read...
