Make sure you have all your income tax information | Paul Pahoresky
With tax season upon us some of my clients are anxious to get their returns filed. For those taxpayers wanting to get a jump on their tax-filing obligation the challenge...
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IRMAA charges are going up for 2024 | Paul Pahoresky
One of the big mysteries for me has always been how do Medicare and Social Security work when I go to actually start utilizing them. We pay into them for...
Ohio Scholarship Fund: Save on taxes and help someone | Paul Pahoresky
As the year is rapidly winding down there are a number of tax-saving strategies that I take advantage of this time of year. One of these is the new Ohio...
Residency requirements for income tax purposes | Paul Pahoresky
With the first snowfall in full force, I thought it would be a good opportunity to discuss residency matters regarding tax filings. Some of my clients use this time of...
![The Ohio Treasury wants Ohioans to recover money that is rightfully theirs. Every year 200,000 Ohioans lose track of their funds. They either put money in financial institutions and forget about it, or simply cannot track it in their records. This could be a deposit with a utility, or unclaimed insurance proceeds. Whatever the case […]](https://www.morningjournal.com/wp-content/uploads/2023/11/d09d220e83937a9b0f74d30c89ec0d2c.jpg?w=132 "The Ohio Treasury wants Ohioans to recover money that is rightfully theirs. Every year 200,000 Ohioans lose track of their funds. They either put money in financial institutions and forget about it, or simply cannot track it in their records. This could be a deposit with a utility, or unclaimed insurance proceeds. Whatever the case […]")
Ohio Unclaimed Funds: A treasure may be awaiting | Paul Pahoresky
The Ohio Treasury wants Ohioans to recover money that is rightfully theirs. Every year 200,000 Ohioans lose track of their funds. They either put money in financial institutions and forget...
What generates a tax notice? | Paul Pahoresky
From time to time taxpayers will receive a notice from a taxing authority. When this happens the taxpayer is often concerned and frustrated and wants to know what generated the...
![As the pages of the calendar continue to turn and I get older, I am very thankful that I purchased long-term care insurance over a decade ago. Most people think about insuring their house or their car, but few think about or even know what long-term care insurance means. With people living longer and longer […]](https://www.morningjournal.com/wp-content/uploads/2023/10/elderly-hands-caregiver.jpg?w=132 "As the pages of the calendar continue to turn and I get older, I am very thankful that I purchased long-term care insurance over a decade ago. Most people think about insuring their house or their car, but few think about or even know what long-term care insurance means. With people living longer and longer […]")
Long-term care insurance and income taxes | Paul Pahoresky
As the pages of the calendar continue to turn and I get older, I am very thankful that I purchased long-term care insurance over a decade ago. Most people think...
Should I amend my tax return? | Paul Pahoresky
Every year I must amend several clients’ returns that were previously filed for various reasons. This year as the Oct. 16 extension deadline for individual tax filing approaches, I am...
![Can you believe it? We have just about 100 days left in the year! Time is flying by, and before we know it, we’ll be celebrating the arrival of a new year. Making the most out of the remaining days of the year financially will serve you well in the future. The good news is if you pay attention to these tips now, you can make the transition to the new year as smooth and easy as possible. Plan for the holidays: Ready or not, they’re coming, and they’ll wreak havoc on your finances if you don’t plan ahead. In fact, the […]](https://www.morningjournal.com/wp-content/uploads/2023/09/business-women-metro.jpg?w=132 "Can you believe it? We have just about 100 days left in the year! Time is flying by, and before we know it, we’ll be celebrating the arrival of a new year. Making the most out of the remaining days of the year financially will serve you well in the future. The good news is if you pay attention to these tips now, you can make the transition to the new year as smooth and easy as possible. Plan for the holidays: Ready or not, they’re coming, and they’ll wreak havoc on your finances if you don’t plan ahead. In fact, the […]")
9 tips to end year on strong financial note | Paul Pahoresky
Can you believe it? We have just about 100 days left in the year! Time is flying by, and before we know it, we’ll be celebrating the arrival of a new year....
![The current reduced tax rates are set to expire at the end of 2025. There are a number of tax strategies that are worth exploring for the next several years before these reduced tax rates may expire. Many economists believe that the current lower tax rates are not sustainable given the ongoing federal government deficit, […]](https://www.morningjournal.com/wp-content/uploads/2023/09/0c6877a3f1a604612c422d1a4d01b9cc.jpg?w=85 "The current reduced tax rates are set to expire at the end of 2025. There are a number of tax strategies that are worth exploring for the next several years before these reduced tax rates may expire. Many economists believe that the current lower tax rates are not sustainable given the ongoing federal government deficit, […]")
Have you considered Roth IRA conversion? | Paul Pahoresky
The current reduced tax rates are set to expire at the end of 2025. There are a number of tax strategies that are worth exploring for the next several years...