by Financial Designs | Feb 7, 2023 | Blog
By Katie Bennett On December 29th, 2022, President Biden signed a massive omnibus spending bill, dedicated to bringing several changes beginning in fiscal year 2023. Buried within this 1,400-page document is a bill known as the “Setting Every Community up for...
by Financial Designs | Feb 5, 2022 | Blog, Tax
By John Golway, CPA and Founder of Financial Designs Tax Services, LLC Tax reform has been all the buzz since the holidays. Tax professionals and financial advisers around the country have been busy educating themselves on the new rules. Many people will benefit from...
by Financial Designs | Feb 5, 2022 | Blog, Tax
By Chris McQueen, CPA As an independent contractor, you qualify to deduct 100% of business expenses from your taxable income. When you take into consideration all your business expenses, this can result in quite a bit of savings. The list is lengthy, so rather than...
by Financial Designs | Feb 5, 2022 | Blog, Investment, Residents, Tax
By John Golway, CPA and Founder of Financial Designs Tax Services, LLC Updated to reflect 2024 information. It’s that time of year… cheery music, crisp weather, shiny lights… and wrapping up your taxes for 2023. Don’t worry – if you have a good CPA, it...
by Financial Designs | Aug 2, 2021 | Blog, Investment
By Ryan Johnson If you have taken the step to regularly contribute to your retirement savings: Congrats! You have taken one of the first steps to achieve financial independence. If you are maxing out your contributions ($23,000 for W-2 employees and $69,000/yr for...