Andrew Dycus, CPA

There are some factors you should consider when planning for retirement. To learn what some of these factors are, read the following article below. Set up an appointment with our office for personalized guidance about saving for your retirement.

Planning for Retirement: Four Factors to Consider Planning ahead is one of the best ways to prepare for a comfortable retirement.

If you are married, you can save for retirement with a spousal IRA even if only one of you has earned income in a given year. Read the article below for information on how spousal IRAs work and contact us today to help jumpstart your retirement savings!

How Married Couples Can Save For Retirement With A Spousal IRA Generally, you can’t contribute to an individual retirement account (IRA) unless you earn an income in a given year. The spousal IRA, however, is an exception to this rule, allowing each spouse in a couple to contribute up to the maximum if one of them earns an income. How Spousal IRAs Work A spou

Depending on your income, you may be eligible to receive up to $8,000 back in child-care expenses. To discuss your tax credit eligibility, make an appointment with us today!

You can get up to $8,000 back in tax credit for child-care expenses. Here's what you need to know The child and dependent care tax credit, as it's called, was expanded for 2021 and is likely to reach more households.

As tax season begins, its important to know just what forms you’ll need to have complete. Form W-4 tells your employer how much tax to withhold from each of your paychecks. For detailed and personalized tax assistance, contact us today!

Form W-4: What It Is and How to Fill One Out in 2022 - NerdWallet Form W-4 tells your employer how much tax to withhold from your paycheck. Use our W-4 calculator & see how to fill out a 2022 Form W-4 to change withholdings.

Types of Financial Statements for Your Business

Types of Financial Statements for Your Business | www.financialhotspot.com Financial statements help you analyze your company's performance and meet your business goals.

The 2021 IRS 1040 Form will include questions regarding your cryptocurrency transactions. Read this article below for information on how to report your crypto transactions and contact us for personalized tax guidance!

The IRS will ask every taxpayer about crypto transactions this tax season — here's how to report them Your 2021 Form 1040 will include questions about cryptocurrency.

The Importance of Separating Personal & Business Expenses

The Importance of Separating Personal & Business Expenses | www.financialhotspot.com Discover some great tips for effectively separating your personal and business expenses. Read More!

The income tax rate varies from state to state, and some states impose no income tax at all.

Ebay sellers are required by the IRS to report their annual sales over $600 using Form 1099-K. https://pages.ebay.com/seller-center/service-and-payments/tax-information.html #:~:text=Your%20sales%20on%20online%20marketplaces,%24600%20or%20more%20in%202022.

Tax Information eBay is required to charge internet sales tax on purchases in 34 states. If a shipping address is in one of the marketplace responsibility states within the U.S., the applicable tax will be collected by eBay and included in the order total at checkout. Tax reports are available on Seller Hub.

With so many credit and debit card options available to us these days, why would anyone still choose to use cash?

Cash or Credit: Which Is Best? | www.financialhotspot.com Check out the benefits of using cash instead of cards and how it can help you stay inside your budget.

Are you aware of the changes in your state's tax income rates? Here’s a complete list of tax rates for every state.

Your Guide to State Income Tax Rates Do you know what you pay in state income tax? Rates range from 0% to more than 13% across the U.S. Here's what you need to know about where you live and what you'll pay.