Blog
Legacy Tax Resolution’s Top Tax Credits for a Newly Single Parent List
Last week, the IRS debunked some myths on 1099-K reporting.Remember, the IRS is planning to phase into the $600 reporting threshold for PayPal, Venmo, et al. Here’s how that breaks down (as of this writing):- Nothing will change for 2023. The threshold is...
Crypto Tax Reporting and Keeping Tacoma Investors Accountable
Picture this: You’ve been dabbling in cryptocurrency – Bitcoin, Ethereum, maybe even a few of those meme coins. You've made some decent trades, seen some gains. Life is good. But there's that nagging feeling in the back of your mind – did you handle the taxes on all...
Val Smith-Fulcher’s Practical Guide to Stop Getting Spam Email
I hate to be THAT person (you know, a nag) but because we’re about to enter March, I want to put this reminder in front of you yet again: time to get your 2023 taxes filed. April 15 is about 6 weeks away. It seems like plenty of time but also not enough to take...
Eleven Ways Tacoma People Can Improve Financially Security
These days, I'm often glad that it's our busy tax filing season, so that I have an easy excuse when political conversations are happening: Oh THAT [crazy new political story]? Huh, didn't see it — I'm too busy with tax season.With all of the chaos out there, it's...
Money Management Tips You Don’t Usually Hear
The most common money management tips that experts give to people in Pierce County with tax or financial difficulties involve saving, budgeting, and planning.But there’s another money habit that never makes those lists of money management tips, and it’s worth sharing,...
How Tacoma Taxpayers Can Craft Their 2024 Tax Planning Strategy
The Super Bowl seems to turn into a bigger deal every single year. Not just the cost of commercials, which are astronomical, but also all the lead-up to it. The Pro Bowl, the player interviews, the photo shoots, the practices, the celebrity appearances, the glitz and...
The Basics of Self-Employed Taxes for Tacoma Freelancers
Taylor Swift is everywhere right now. I’m guessing you noticed, too?This weekend’s Grammy’s saw her fall in league with greats like Frank Sinatra and Stevie Wonder after winning album of the year for the 4th time (and a once-again snubbed Beyonce). The Grammy’s also...
What IRS Auditors Can & Can’t Do to Tacoma Taxpayers
The IRS is delivering on their December promises to ramp up compliance and collection efforts with big hitters on the tax side of things (high-income individuals, complex partnerships, and large corporations). This comes as the result of unbelievably high...
Val Smith-Fulcher’s Top 2024 Financial Strategies
The official tax season start date has landed—JANUARY 29th. That’s next week.This is your cue to start gathering everything you need for your tax appointment. (Speaking of… have you booked yours with us yet? It’s early so there are still plenty of spots open, but...