Tax Strategies for W-2 Workers: Maximize Deductions and Reduce Your Tax Burden
Are you a high-earning W-2 employee looking to reduce your tax burden? Many people in high-income brackets often find themselves limited in the tax-saving strategies available to them. However, understanding how to maximize your deductions and utilize available credits can make a substantial difference in what you keep each year. Here’s a breakdown of essential […]
How to Properly Implement the Augusta Rule and Maximize Your Tax Savings
The Augusta Rule, named after the famous golf tournament in Augusta, Georgia, is one of the most powerful tax-saving strategies available for business owners. It allows you to rent out your personal residence to your business for up to 14 days per year, without having to report the income on your personal taxes. But to […]
Debunking Social Security Myths: How to Maximize Your Retirement Benefits
When planning for retirement, Social Security is often top of mind. However, there are a lot of misconceptions out there about how to maximize your benefits. In my latest YouTube video, I break down the most common myths and offer strategies to help you make the most out of your Social Security benefits. Myth 1: […]
Employee Updates and Shoutouts
Employee Spotlight Hi, I’m Lindsey Jones! It’s been a little over three months since I joined Gunderson’s Bookkeeping, and it has been an incredible experience so far. I love assisting our clients by reviewing their financial statements, ensuring they receive the most accurate and timely information possible. At home, I’m blessed with two amazing kids, […]
Upcoming Deadlines
Franchise Tax Reports For all of our business tax clients, who have an LLC, your Franchise tax reports are due 5/15/24. We have started this process and you should have received your franchise tax report this week or an email verifying that you want us to complete this for you. Relay For Life Relay for Life is […]
Stay Ahead of Tax Deadlines: Important Updates Inside!
Extensions Kristin will be out of town for the tax deadline, so our tax deadline is April 9th, 2024. All taxes need to be paid, and the 8879 form signed by April 9th, or you will be granted an extension. The extension price is $59. Elizabeth will reach out to you this week if we have not […]