Tax Planning vs. Tax Preparation

Tax Planning vs. Tax Preparation

This week, I am going to explain the difference between tax preparation and tax planning, and how to get some real comprehensive tax planning advice. First of all, you have to understand that tax preparation and tax planning are different. From a professional...
Is it time to hit the Financial Gym??

Is it time to hit the Financial Gym??

If you head to any local fitness center today, every piece of equipment is being used and it is even hard to get in a workout. If this year is like most, by February most gyms will have plenty of space if you are still committed to your fitness goals. What about your...
Financial Security 2019

Financial Security 2019

As the end of the year draws near, it seems right to take a pause and be grateful for all the blessings that 2018 has bestowed. For me, one of those blessings is the completion of the 25th year owning Charter Accounting & Tax. As I look back over the past quarter...
Big Changes and the 2018 Tax Law

Big Changes and the 2018 Tax Law

If you listen to the news, you probably have heard very little about the tax law changes that will impact your 2018 tax filing. Whether the media chooses to report anything on this or not, I assure you The Tax Cuts and Jobs Act, passed in December 2017, will affect...
It’s All in the Planning

It’s All in the Planning

If you want to pay the least amount of income tax each year, then it may be helpful to start doing some tax planning. Don’t worry—you don’t need an accounting degree to make some smart tax decisions. A little planning goes a long way. Step 1: Start a filing system...