Estimating What You Will Owe Uncle Sam.

Whether you make estimated tax payments or rely on withholding, you could be hit with a penalty if you don't pay enough tax throughout the year!  The penalty doesn't apply if you owe less than $1,000 in tax.  You can also avoid the penalty if your 2019 withholding or estimated tax payments equal at least 90% of your 2019 tax liability.

It can get a bit complicated and here, in the fourth quarter of the year you should be paying attention to what you HAVE done and what you WILL do.  Why not sit down with Las Vegas tax consultant Michael Mathews at his office located at 2620 Regatta Dr. Suite 102?  Avoid those tax preparation errors before it’s too late!  Just call (702) 240-5237.

Halloween in Las Vegas 2019

Halloween in Las Vegas 2019

(Click the link above for more information)

Get set for Halloween!  Check out the list of events around Vegas - grab your ghosts and goblins for a haunting good time!  

Are You Retiring…Ever?

A wise person once said, “don’t expect to live off of your social security when you retire”.  Truer words were never spoken.  If you are past 50 and retirement is more than some down the road dream, it’s time to get serious!  The 50s are crunch time for saving for retirement.  If you set a retirement savings target but have been neglecting it, you need to dust it off for review.

As Dick Bellmer, the recent president of the National Association of Personal Financial Advisors put it “You should be looking at your plan periodically, at least every three years”.  Set realistic goals.  Tackle your current debt (ie: your mortgage).  Create a health savings account.  Generate income beyond your investments.

And…hire a great retirement planner to help you manage your goals.  Having plans without professional help is a little like asking a quarterback to win the Super Bowl without a coach!  The right person for that job in Las Vegas may very well be CPA Michael Mathews.  Why not make an appointment at his Regatta Dr. office and discuss it?  Just call (702) 240-5237.