Category: Blog

5 Tips To Think More Clearly About Financial Decisions For Salt Lake City metropolitan area Taxpayers

Despite that title, it has, in fact, been a relatively smooth first week of tax filing here at Bottom Line Bookkeeping & Tax. Salt Lake City metropolitan area clients have been streaming through our doors, and we’ve been enjoying our little mini-reunion with so many longtime friends. Now, there’s plenty to say about that Super […]

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Five Common Retirement Strategy Mistakes We’ve Seen in the Salt Lake City Metro

The IRS just began receiving tax returns this week, and we are cranking and grooving along, finding all kinds of savings on behalf of our Salt Lake City metropolitan area clients … as well as chomping at the bit to help them on THIS year’s taxes. Truly, the more I take a look at this […]

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Are DIY Taxes Truly Free For Salt Lake City metropolitan area TaxPayers?

If you watched any football over the weekend, you probably saw this year’s version of the popular tax software maker* touting “free taxes” or some such. Not only was the commercial fairly disturbing (it involves impalement of a person played as a joke), but the underlying message also leaves a little to be desired. *Name […]

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Common Sense Taxpayer Information Security for Bottom Line Bookkeeping & Tax Clients

We’re gearing up for tax season around here, already beginning to help certain Salt Lake City metropolitan area clients get their returns ready for filing (yes, this early) when the IRS begins allowing receipt of electronically-filed returns on the 29th of this month. And while we have been doing so, we have heard some things […]

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Bill Brough’s 2018 Tax Preparation Checklist

Yes, you *thought* 2017 was in the rearview mirror, didn’t you? Well, not for the IRS it isn’t. That’s because, as you probably know, we are now beginning the process of doing what we do best: effectively, legally, and ethically reporting our clients’ financial lives to the government for maximum savings — i.e., tax return preparation. And […]

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4 Goals To Jumpstart Your Financial Freedom In the Salt Lake City metro In 2018

It feels VERY good to turn the page on 2017, doesn’t it? There were so many hard things that we faced as a nation that the opportunity to start fresh feels particularly bright this week. Obviously, and as I’ve already written about in some detail, we have a brand new tax regime under which we […]

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4 Key Year-End Tax Strategies With Tax Reform In Mind For Salt Lake City metropolitan area Taxpayers

We’re in that annual holiday lull during which most of the country takes things real easy, tries to recover from all of the parties, and gears up for a new beginning. For tax professionals, however … well, let’s just say that we don’t often get a “normal” holiday season, and this year is even more […]

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2018 Tax Reform Update And A Holiday Prayer from Bill

Well, we seem to have a final tax plan in place, and if everything goes according to what Capitol Hill watchers say, it should pass both the House and Senate this week, and be signed into law by President Trump. And my, oh my, are there changes. One that I should point out to you, […]

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Conventional Financial Advice May Not Always Be Best by Bill Brough

Just to give you a little snapshot of why it’s taking so long to get tax reform done (and I know — you’re surely waiting with bated breath), consider this: under certain circumstances with the proposed reform, some people would face a marginal tax rate of over 100%. The WSJ did the analysis over the weekend, and it […]

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Brough’s Four Good Reasons To Give Charitably, Aside From Tax Deductions

As I write this, the Senate has passed their version of the tax reform bill, and now we wait for the final version of the bill. The process isn’t yet finished (it needs to go through the “reconciliation” process, and the President needs to sign it), but we have some basic ideas about what’s to […]

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