by Lola Lifetime | Apr 10, 2024 | Tax Planning, Business Tax, Individual Tax
Filing an Extension for Tax Deadlines – Why and How You Do It The major tax deadline we all know and love is April 15. That being said, those who file for an extension have until October 15th to prepare their federal tax return. Why extend the deadline? The most...
by Lola Lifetime | Mar 6, 2024 | Individual Tax, Business Tax, Tax Planning
The Taxpayer Bill of Rights- 10 Rights You Need To Know “At their core, taxpayer rights are human rights.” – Nina Olson, National Taxpayer Advocate As a taxpayer, you ought to know your rights! Being informed is the first step towards preventing injustice and...
by Lola Lifetime | Feb 9, 2024 | Individual Tax, Business Tax
What You Need to Know About The Tax Relief for American Families and Workers Act of 2024 The U.S. House of Representatives has passed a proposed bill called “The Tax Relief for American Families and Workers Act of 2024” (the Act). The bill aims to make...
by Lola Lifetime | Feb 5, 2024 | Individual Tax
Don’t Fall Victim to Charity Scams by Following These 5 Tips Whether you are an avid philanthropist, or just make a casual donation here and there- you could still fall victim to charity scams. This is when a group or an individual poses themselves as legitimate...
by Lola Lifetime | Jan 22, 2024 | Business Accounting, Business Tax, Client Documents, Tax Planning
Getting Set Up for Success to File Your Taxes in 2024 With every new year comes new possibilities! That includes opportunities to make your tax filing process as seamless as possible for the upcoming 2024 tax season. Even with the best tax experts by your side, some...
by Lola Lifetime | Dec 2, 2022 | Business Accounting, Business Tax, Client Documents, Tax Planning
7 Year-End Bookkeeping Do’s and Don’ts for 2022 As 2022 comes to a close, our Lifetime Tax Advisors want to ensure you are prepared for year-end bookkeeping procedures that will affect your 2022 tax return(s). People often concentrate on the profit and...
by Lola Lifetime | Sep 15, 2022 | Client Documents, Individual Tax, Tax Planning
Maintaining Your Tax Records: 4 FAQs Answered As advisors, we receive frequent questions from our clients regarding the ins and outs of tax record retention. From what to keep to how long it’s recommended to keep certain tax records, it’s a hot topic...
by Lola Lifetime | Jul 12, 2021 | Real Estate Tax
Your Vacation Rental Tax Guide: 4 Important Tax Facts There are plenty of perks to owning your own home away from home – it’s the perfect getaway, and can turn a tidy profit as a rental property! But what if we told you that we could help you get even more...
by Lola Lifetime | May 27, 2021 | Tax Planning
Texas Taxes: The 4 Biggest Facts You Need to Know Here in The Lonestar State, our taxes are as friendly as our people! That being said, there are some pretty important things you should know about Texas Taxes that can help you keep more of your hard-earned money. To...
by Lola Lifetime | May 7, 2021 | Tax Planning
4 Smart Tax Tips for Newlyweds Tying the knot is one of the most important life events anyone can experience. You’re not only combining families, but you are also combining finances. Although we cannot necessarily hold your hand through learning to get along...
