Working from home can certainly provide you with personal benefits, such as a flexible schedule and more family time. But increasing numbers of people are discovering the tax advantages as well. It's no secret that you generally can't deduct certain personal expenses (e.g., homeowners insurance, … [Read more...]
Windward Tax Bulletin: Qualifying for the Home Office Deduction
Windward Passages: Caring for Your Aging Parents
Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2019 What is it? Caring for your aging parents is something you hope you can handle when the time comes, but something you probably hope you never have to do. Caring for your aging parents means helping them plan for the … [Read more...]
Windward Tax Bulletin: Am I Having Enough Withheld?
If you fail to estimate your federal income tax withholding properly, it may cost you in a variety of ways. If you receive an income tax refund, it essentially means that you provided the IRS with an interest-free loan during the year. By comparison, if you owe taxes when you file your return, … [Read more...]
Windward Tax Bulletin: The Pros and Cons of a Big Tax Refund
With the first post-tax reform filing season in full swing, people all over Kansas City are having to adjust to tax refunds much larger or much smaller than the refunds they are used to receiving. Whether you prefer to receive a big refund or not, nobody enjoys a big surprise when their tax returns … [Read more...]
Windward Community: Tax Time!
Windward is hot and heavy in to tax season! We don’t mind that the recent Kansas City weather has been so wet and cold because we are working away on tax returns. This tax season we have hired a tax season intern, Claire Hessenflow. Claire is from the Kansas City area and is an Accounting and … [Read more...]