schultheisscpa.com RSS Feed http://schultheisscpa.com/ Take a look at our recent blog posts and client newsletter articles. en-us Tue, 01 Jun 2021 09:00:00 -0500 Tue, 01 Jun 2021 09:00:00 -0500 What are Estimated Tax Payments? http://www.schultheisscpa.com/newsletter.php#5 Estimated tax is the tax paid on income not subject to withholding, such as income from self-employment, interest and dividends, rent, prizes and awards, and gains from the sale of assets. Tue, 01 Jun 2021 09:00:00 -0500 http://www.schultheisscpa.com/newsletter.php#5 Tips to Help You Figure Out if Your Gift is Taxable http://www.schultheisscpa.com/newsletter.php#3 If you've given money or property to someone as a gift, you may owe federal gift tax. There are, however, exceptions. Tue, 01 Jun 2021 09:00:00 -0500 http://www.schultheisscpa.com/newsletter.php#3 Tax Considerations When Selling Your Small Business http://www.schultheisscpa.com/newsletter.php#1 If you've decided to sell your business, you may be looking forward to lazy days ahead with plenty of cash on hand. The reality, however, is that without a tax planning strategy in place, you could be liable for capital gains and other taxes - leaving you with far less cash than you anticipated. Tue, 01 Jun 2021 09:00:00 -0500 http://www.schultheisscpa.com/newsletter.php#1 Expat Compliance With US Tax Filing Obligations http://www.schultheisscpa.com/newsletter.php#4 If you're an expat who has relinquished - or intends to relinquish - your US citizenship but still has US tax filing obligations (including owing back taxes), you'll be relieved to know there are IRS procedures in place that allow you to come into compliance and receive relief for any back taxes owed. Tue, 01 Jun 2021 09:00:00 -0500 http://www.schultheisscpa.com/newsletter.php#4 Changing Jobs? Don't Forget About Your 401(k) http://www.schultheisscpa.com/newsletter.php#2 One of the most important questions you face when changing jobs is what to do with the money in your 401(k) account. Making the wrong move could cost you thousands of dollars or more in taxes and lower returns. Tue, 01 Jun 2021 09:00:00 -0500 http://www.schultheisscpa.com/newsletter.php#2 Tax Withholding for Seasonal and Part-Time Employees http://www.schultheisscpa.com/newsletter.php#2 Part-time and seasonal employees are subject to the same tax withholding rules that apply to other employees. Sat, 01 May 2021 09:00:00 -0500 http://www.schultheisscpa.com/newsletter.php#2 Tax Return Tips for Last-Minute Filers http://www.schultheisscpa.com/newsletter.php#1 If you've been procrastinating about filing your tax return this year, here are some tips that might help. Sat, 01 May 2021 09:00:00 -0500 http://www.schultheisscpa.com/newsletter.php#1 Saving for Education: Understanding 529 Plans http://www.schultheisscpa.com/newsletter.php#3 Section 529 plans are an excellent way to save for your child's education and can be used for pre-college and vocational education expenses as well as college. Sat, 01 May 2021 09:00:00 -0500 http://www.schultheisscpa.com/newsletter.php#3 Deducting Business-Related Car Expenses http://www.schultheisscpa.com/newsletter.php#5 If you're self-employed and use your car for business, you can deduct certain business-related car expenses. Sat, 01 May 2021 09:00:00 -0500 http://www.schultheisscpa.com/newsletter.php#5 Avoiding Tax Surprises When Retiring Overseas http://www.schultheisscpa.com/newsletter.php#4 Are you approaching retirement age and wondering where you can retire to make your retirement nest egg last longer? Retiring abroad may be the answer. But first, it's important to look at the tax implications because not all retirement destinations are created equal. Sat, 01 May 2021 09:00:00 -0500 http://www.schultheisscpa.com/newsletter.php#4