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The Basics of Self-Employed Taxes for Paducah Freelancers

The Basics of Self-Employed Taxes for Paducah Freelancers

Taylor Swift is everywhere right now. I’m guessing you noticed, too?This weekend’s Grammy’s saw her fall in league with greats like Frank Sinatra and Stevie Wonder after winning album of the year for the 4th time (and a once-again snubbed Beyonce). The Grammy’s also...

5 Estate Planning Strategies for Paducah Taxpayers in 2024

5 Estate Planning Strategies for Paducah Taxpayers in 2024

 Here at the beginning of 2024 (okay, a month in) as you consider this year’s goals, might I posit “Save money on taxes” as one of them? We are facing another tax filing season (Jan 29 - April 15), and the dread of owing the government. It’s a real thing for a lot of...

Dean Owen’s Top 2024 Financial Strategies

Dean Owen’s Top 2024 Financial Strategies

The official tax season start date has landed—JANUARY 29th. That’s next week.This is your cue to start gathering everything you need for your tax appointment. (Speaking of… have you booked yours with us yet? It’s early so there are still plenty of spots open, but...

Tax Appointment Musts for Paducah Clients

Tax Appointment Musts for Paducah Clients

Playoff season in the NFL is always action-packed. Add crazy weather and things get even more interesting. Kansas City fans shivered their way through sub-zero temperatures — the 4th coldest game in NFL history — and the Bills/Steelers game was rescheduled thanks to a...

2024 Tax Credits & Deductions for Paducah Taxpayers

2024 Tax Credits & Deductions for Paducah Taxpayers

Before I get you thinking about the new year and being tax savvy in it, let’s first address the 2023 tax filing season which is fast approaching. It’s a good idea to go ahead and get on my schedule now to handle your 2023 tax filing. Though the IRS doesn’t...

Updated Per Diem Rates for Paducah Business Travelers

Updated Per Diem Rates for Paducah Business Travelers

When the holidays straddle the weekends into Monday, regular routines can be a little choppy. Feels like a blur between December 24th and January 1st.Here at Team M Dean Owen, CPA, PSC, we're finalizing a lot of year-end moves for various Paducah clients (as I write...

Viability of Health Savings Accounts for Paducah Earners

Viability of Health Savings Accounts for Paducah Earners

I know the end of the year is pretty filled up, so you’re usually not thinking about tax season.But, as your friendly Paducah tax professional who wants to keep your head in the game in advance of tax season, here’s a great checklist from the IRS to get you...

5 Year End Tax Strategies for Paducah Taxpayers

5 Year End Tax Strategies for Paducah Taxpayers

As a parent, you know that having kids ain’t cheap. Shelling out for Christmas gifts serves as another excellent reminder that a significant part of your income isn’t for you. Though, if you’re prone to buying in bulk to get your family fed, you could get a...

How the 1099K Delay Affects Paducah Taxpayers

How the 1099K Delay Affects Paducah Taxpayers

Coming out of the Thanksgiving fog yet? I think there are still a few leftovers in my fridge from Thursday’s meal that might end up in the waste bin… I’ve had my fill of leftovers.Or maybe you chose to forego leftovers altogether and stay light for your Black Friday...