As use of cryptocurrency has been growing, many users aren't aware of the tax rules and regulations that govern cryptocurrency transactions. In this video, we'll explain how and when cryptocurrencies are taxed, as well as how to report transactions to the IRS.
While death is a fact of life, it can be exceptionally hard for those left behind. A Will can help provide direction and ease the burden for your loved ones. Here's a great video you don't want to miss.
When it comes to Individual Retirement Accounts, a common misconception is that they are only available to people who are employed. While IRAs do have certain income requirements, a Spousal IRA enables an unemployed spouse to contribute to an IRA. Watch this video to learn more.
If you see a reduction in your Social Security check, it may be because your medicare premium went up. In the video, I’ll cover how your income level influences your premium and how you might minimize the impact.
The cost of a college education is very expensive and growing. For this reason it’s more important than ever to begin saving early. In this video, we will provide a brief overview of a 529 College Savings plan and the tax benefits that can maximize the growth of your savings.
If you donate to charitable organizations, you might want to consider establishing a donor-advised fund. A donor-advised fund is a charitable tax-saving tool that enables you to maintain a certain level of control over how funds are distributed while receiving immediate tax benefits. Here's a great video to learn more.
Whittaker & Saucier is a full-scale CPA firm in Venice, Florida. We offer our clients a traditional complement of accounting services, plus a number of unique services they can't find anywhere else such as eBookkeeper, our Quickbooks based outsource accounting system. We believe that our clients time is as important as ours, so we deliver a professional, accurate product on time, every time. To give our clients the utmost assurance of that accuracy, we also have respected colleagues periodically review our work as part of a prestigious peer-review process.
Most importantly, we want our clients to know that there are real people standing behind our work?real people who are only a phone call away, and who are always available to listen to questions and concerns. While we're completely fluent in the tax code, we take care to explain your financial picture to you in plain English, in terms you can understand. At Whittaker & Saucier, our goal is to place our clients on solid financial footing whether they're individuals or large corporations, or anything in between.