Michael Katz

A CPA for 38 years I started my own tax planning and preparation firm for individuals and small businesses in 2010. Contact me with any tax questions?

[Michael Katz @mktaxes]

The amount of your tax bill is often dependent on your age and the age of your children. You need to plan accordingly. Here are the details. https://t.co/pyithwlkva

[Michael Katz @mktaxes]

Time to plan for new contribution levels for your health savings account. Find the 2026 limits here. https://t.co/z7EtlEJTlD

[Michael Katz @mktaxes]

Tax savings come in all shapes and sizes. Here are some life events that require your attention if you do not wish to have a tax surprise latter on during the year. https://t.co/7JqTq9QdHk

[Michael Katz @mktaxes]

Before school gets going this fall, check out these school expenses that might help you decrease your tax bill. https://t.co/f8GKaGjyUm

[Michael Katz @mktaxes]

If you're age 70 or older, you can transfer up to $100,000 (or a total of $200,000 for joint filers) directly from your IRA to a qualified charitable organization without paying any tax. https://t.co/Vl8cf3JC2r

[Michael Katz @mktaxes]

Providing a gift of stock can make sense if handled properly. Read more. https://t.co/8u8Qq0X8EW

[Michael Katz @mktaxes]

Pass-through entities such as S corporations and certain partnerships offer legal protections and avoid double taxation. Does it make sense for your business? https://t.co/fG2UUBMn3z

[Michael Katz @mktaxes]

The ensure you're ready for an audit, tax returns should be kept indefinitely and supporting documents should be kept a minimum of three years. https://t.co/5c8UGuSGTg

[Michael Katz @mktaxes]

Side hustle income, tax tips, smarter food budgeting, and the growing trend of unplugging from screens. This month's insights can help you keep more money and spend more time on what matters. https://t.co/gxwr8F44Y3

[Michael Katz @mktaxes]

It's not always a good idea to amend a tax return. Do you know how to choose? https://t.co/VGZ0ftrHIY

[Michael Katz @mktaxes]

Looking for tax-free income? Here's a list of the more common types. https://t.co/a4emPHt2J5

[Michael Katz @mktaxes]

Social Security planning starts at an early age. Here is what you should be doing now! https://t.co/VoEt4jJleY

[Michael Katz @mktaxes]

Reminder: Second quarter estimated taxes are due Monday, June 15th. https://t.co/cUFMmLSngQ

[Michael Katz @mktaxes]

The IRS sends you a notice! What to do? This month's letter walks you through the process, plus much more! https://t.co/MFyOauIY1K

[Michael Katz @mktaxes]

Underreported income and math errors are key mistakes that can trigger an audit from the IRS. Having your taxes prepared by a professional can significantly reduce this risk. https://t.co/53DIzMwUMW

[Michael Katz @mktaxes]

There's still time to lower your tax obligation. Here are five great ideas to consider. https://t.co/Bdql8hZggp

[Michael Katz @mktaxes]

The gift tax is one of the most misunderstood provisions in the tax code. Here is what you need to know. https://t.co/BuIHLNX0ji

[Michael Katz @mktaxes]

You can legally lower your taxes by shifting a certain amount of unearned income to your children. Here are some ideas to implement this strategy. https://t.co/rwHNQYzqdq

[Michael Katz @mktaxes]

Want a lower tax bill? Your tax planning needs to start now! https://t.co/rjsvjSoyhO

[Michael Katz @mktaxes]

In a world of digital payments, how do you prove your tax deductions? Here are some tips. https://t.co/g03KeixBSs