Posts Tagged ‘tax preparation’

There’s Still Time to Contribute to an IRA for 2017

There’s still time to make a regular IRA contribution for 2017! You have until your tax return due date (not including extensions) to contribute up to $5,500 for 2017 ($6,500 if you were age 50 by December 31, 2017). For most taxpayers, the contribution deadline for 2017 is April 17, 2018. You can contribute to…

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Tax Filing Season is Here – Things for Taxpayers to Consider

All financial advisors, CPAs and tax preparers are not created equal!  At Chesapeake Financial Advisors, we combine our expertise in financial planning and taxes to provide clients with a service level that provides them with tax advice and preparation that is relevant to their financial plan.  After all they go together more than any other…

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Tax Refunds in 2018

Refunds in 2018 Choosing e-file and direct deposit for refunds remains the fastest and safest way to file an accurate income tax return and receive a refund. The IRS expects more than four out of five tax returns will be prepared electronically using tax software. The IRS still anticipates issuing more than nine out of…

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Tax Filing Season Begins Jan 29th Tax Returns Due April 17th

Tax Filing Season Begins Jan. 29, Tax Returns Due April 17 The IRS will begin accepting tax returns on Jan. 29, 2018 with nearly 155 million individual tax returns expected to be filed in 2018.  The nation’s tax deadline will be April 17th this year – so taxpayers will have two additional days to file…

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It’s Tax time.

Chesapeake Financial Advisors & Charles Schwab offer automatic downloads of your tax forms. Schwab changed the 2016 mailing dates for the 1099 Composite and Year-End Summary tax report. This change was implemented due to an increase in the number of mutual funds and ETFs that reclassify their income in late January and early February. The…

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