Remember Summer?

JUST A NOTE

We are rapidly approaching the year’s end and with a new tax year.  Lots of changes are on the horizon and they’ll keep on changing for the years to come.
All the rain we were begging for in July and August?  We seem to be getting that and much more in the last couple of weeks.  Thank God!  
For those of you that don’t know yet, we are growing!  We added Amanda Dumais.  She met a few years ago when she and her husband needed some help with their taxes.  In her words, they were in a mess.  Well, she’s a great addition and will be taking over the Marketing duties in the coming months and some other things on the side.  I’m really happy she accepted my offer.  I was mildly overwhelmed last year and needed the help!
It's Thanksgiving week so go ahead and put up the lights and tree.  It’s time
Rick

The annual Updates are on the website.  I put up one for Individual changes and one for Business.
Usually, people are interested in not so much what changed but “how much am I gonna get back?”  The good news is there are no Stimulus Payments to deal with along with that Advance Child Tax Credit that bit some many in the backside last year.  
On the Business side, the Special Depreciation is dwindling.  2022 was the last year for 100% on top of the Sect 179 deduction.  2023 begins the reductions down to 80%.  Best thing you can do if you’re considering a new vehicle, get something in the >6,000# category.  You can deduct up to around $27,000 on your first year. 
You can find updates here:
www.ax-s-tax.com/updates2022/ 

Get a file or a tray or something to put all those papers in.  I use a file folder in my files marked for each year.  That way it’s all in one place and I don’t have to go digging around on my desk.  
Also, if you’re a client, or not, I can set you up with a Dropbox Folder of your own to put up all those papers you can get in digital format (pdf).  You have but to ask.  Just reply to the email with Dropbox Folder and I’ll get you set up.
Also, for our current clients, your 2022 folders will be up by 12/15. If you can’t remember how to get into Dropbox, please email us and ask.  I’ll re-share the folder for you.
As of January 1, 2023, we will no longer accept documents via email or text.  You must use a Dropbox.  There are way too many of you for us to have to go to all three to look for your documents.Thanks for understanding!

Bet you didn’t know there was a great stuffing debate did ya?  
Yep.  We all have our preferences so here are your options:
Cornbread.  Yes, a southern tradition is cornbread dressing.  Guess they didn’t have real bread back in the old days so they used cornbread.  Some people think it’s sacrilege not to use it.
Bread.  It’s the way my mom made it when we were little.  Gram did it too.  Stuffed in the bird, around the bird and then an extra baking dish so there would be enough for everyone, seemingly for a week or more.
In the box.  Talk about sacrilege!  Stovetop Stuffing is used by a lot of people for convenience or just because they don’t have a good recipe or the time to make it the right way.
There ya have it.  Take your pick!   

As Always, Thank you for reading!

life death & taxes

november 2022

JUST A NOTE

THE MORE THINGS CHANGE, THE MORE THEY STAY THE SAME

THE BEST WAY TO GET ALL YOUR TAX DOX TOGETHER

THE GREAT STUFFING DEBATE

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