Crabb Tax Services

Crabb Tax Services Newsletter (October 2019)

Chris Crabb, Tax Specialist — Mon, 04 Nov 2019 06:27:22 +0000

TOPICS IN THIS ISSUE: Stretch Your Retirement Savings With Multi-Year Planning IRS Audit Period is 3 Years, 6 Years Or Forever: How To Cut Your Risk Be Like A Bank. Test Yourself To See How Your Finances Would Hold Up

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How To Lower Your Taxes With Tax Loss Harvesting

Crabb Tax Services — Wed, 30 Oct 2019 21:11:25 +0000

The goal of tax-loss harvesting to lower your overall taxes. With proactive tax planning, you may be able to lower your taxable income by selling off losing investments. Similarly, you can offset some long term gains by selling investments that may have lost money over the long term.

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12 Budgeting Tips for New Parents

Crabb Tax Services — Tue, 29 Oct 2019 15:56:45 +0000

Middle-class families spend nearly $13,000 per child every year. Learn how to budget strategically.

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4 Strategies to Cut Your Taxes in Retirement

Crabb Tax Services — Mon, 21 Oct 2019 15:31:35 +0000

To help reduce your tax burden once you retire, and free up more money for expenses and fun, give income planning a try. Here are four ways to adjust your income and get a better grip on your tax bill.

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IRS Announces New Payment Option for Some Delinquent Taxpayers

Crabb Tax Services — Sat, 19 Oct 2019 15:14:06 +0000

The Internal Revenue Service (IRS) has announced that a new payment option has been added to the private debt collection program. The payment option is intended to make it easier for those who owe to pay their tax debts, although some practitioners, like me, fear that it could lead to abuse.

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Be Like A Bank. Test Yourself To See How Your Finances Would Hold Up If Something Bad Happened

Crabb Tax Services — Sat, 12 Oct 2019 14:41:08 +0000

Is it crazy to compare yourself to a large financial institution? No. You both have a key thing in common: assets.The only real difference is that many more people depend on a big bank than on you.

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IRS Audit Period Is 3 Years, 6 Years Or Forever: How To Cut Your Risk

Crabb Tax Services — Wed, 09 Oct 2019 14:12:18 +0000

It is only natural to worry about an IRS audit, and the duration of audit periods can be downright frightening. Tax lawyers and accountants are used to monitoring the duration of their clients’ audit exposure, and so should you.

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Stretch Your Retirement Savings with Multi-Year Tax Planning

Crabb Tax Services — Mon, 07 Oct 2019 21:41:43 +0000

The years approaching retirement are rich with opportunities for those who can carefully fill their income "buckets" to just the right level.

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Crabb Tax Services Newsletter (September 2019)

Chris Crabb, Tax Specialist — Wed, 02 Oct 2019 02:00:34 +0000

TOPICS IN THIS ISSUE: Benefits Of Starting Your Tax Planning Early In the Year What To Do If You’re Audited By the IRS 13 Advantages Of Keeping Personal And Business Bank Accounts Separate Ins And Outs of Settling With the

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4 Important Tax Items Every Retiree Should Know About

Crabb Tax Services — Fri, 20 Sep 2019 21:56:23 +0000

Once you retire, it's helpful to keep several tax opportunities and tax consequences in mind.
Retirement may mean that you’ve stopped working, but it doesn’t mean that you’re finished with worrying about taxes.

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