by Tabitha Regan, CPA | Apr 25, 2024 | Individual Tax
Divorce brings financial challenges, and understanding the tax implications is crucial for a smooth transition. By considering factors such as filing status changes, alimony, property division, and retirement, you can navigate the complexities and make informed...
by Stephanie Nolan | Mar 26, 2024 | Individual Tax
As remote work has continued to be the norm, with as many as 27.5% of employees working remotely at least some of the time, many workers have realized – to their surprise – that they may be in a double-tax situation. Remote work offers flexibility, but it also brings...
by Tabitha Regan | Mar 19, 2024 | Family, Individual Tax, Tax Planning
Most of us know and understand the basics of how to write a will and testament (identifying beneficiaries, finding an executor, getting a notary, etc.), but what do high-net-worth individuals need to keep in mind when it comes to estate tax planning and will creation?...
by Tabitha Regan, CPA | Mar 5, 2024 | Individual Tax
Living a dynamic lifestyle that involves multiple residences in different cities can be exhilarating, but it also adds a layer of complexity to the annual ritual of paying taxes. Let’s delve into the nuances of paying taxes while living in multiple cities, exploring...
by Stephanie Nolan | Feb 27, 2024 | Individual Tax, Infographic
Share this Image On Your SitePlease include attribution to LittleOwl CPA with this graphic. Transcript: 2024 Tax Season Document Checklist 1. Identification Social security numbers Bank account numbers Dates of birth Last year’s tax return 2. Income W-2 forms...
by Tabitha Regan, CPA | Feb 13, 2024 | Individual Tax
Each year, many individual taxpayers are shocked at who can be claimed as a dependent – as well as who can’t. In other words, tax dependents are not just young kids! In 2023, there are more incentives for claiming dependents, especially while paying for their medical...
