Reviewing tax returns can be a daunting task given the complexities of federal and state tax law and frequently changing rules. Monitoring your exposure to various taxes (e.g., ordinary income tax, capital gains tax, alternative minimum tax, net investment income tax, etc.), along with understanding your eligibility for various credits and deductions, requires time and effort.

To help simplify this process, we’ve put together a comprehensive checklist to guide you through these complexities as you review your prepared income tax returns. This checklist focuses on issues most relevant to taxpayers who are still working.

Reviewing Your Tax Returns While Still Working

While checklists and flowcharts can help you identify different opportunities, we are always available to meet with you to discuss your financial needs and goals, and help to identify what the best opportunities are for you.

 

This content is provided by Windward Private Wealth Management Inc. (“Windward” or the “Firm”) for informational purposes only. Investing involves the risk of loss and investors should be prepared to bear potential losses. No portion of this blog is to be construed as a solicitation to buy or sell a security or the provision of personalized investment, tax or legal advice. Certain information contained in the individual blog posts will be derived from sources that Windward believes to be reliable; however, the Firm does not guarantee the accuracy or timeliness of such information and assumes no liability for any resulting damages.

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