Tax-Advantaged Plans for Doctors

Tax-Advantaged Savings for Doctors Doctors and other high-earning professionals can be some of the most challenging clients to find tax savings for.  Their incomes are too high for them to claim a lot of common deductions and credits, but because that income comes in the form of wages, they don’t have access to all of […]

Now able to submit 2013 returns

The IRS isn’t accepting 2013 returns until January 31, but my software company has started accepting 1040 income tax returns and will submit them to the IRS in the order received, once they IRS system starts accepting them.  Expecting a refund and want to file ASAP?  I can help. Posted from WordPress for Android

Marriage, Income Tax, and Obamacare

Living together for an extended time without marriage is an increasingly popular choice in Maine, but the decision to marry or not to marry can have significant financial consequences.   Marriage in the United States provides a number of economic benefits that couples don’t get when they choose to start and raise families as legally […]

Obamacare for Maine individuals

The Affordable Care Act (ACA or “Obamacare”) is  set to take full effect beginning in 2014.  Maine didn’t set-up its own health insurance exchange, so Maine taxpayers who who want to buy an individual plan that might be eligible for the Obamacare tax credit must use the federal exchange.  The Obama administration claims that the […]