Tis the Season to Pay Less in Taxes!
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Hello High Earners and Future High Earners, It is the first day of the 2nd quarter. That means it's a wrap for 1st quarter, and it's almost time to make your quarterly estimated tax payment on April 15th. Many people use the general rule of setting aside 30% for taxes when you file. If you're expected to owe over $1,000 at tax time, you're required to make quarterly estimated tax payments to avoid penalties. I've seen people pay wayyy more in taxes than they have to using this method. All due to lack understanding of how tax planning with a tax strategist works. That is why I am hosting a free webinar: 7 Tax Savings Strategies for High Earners to Pay Less in Taxes on April 11th at 7:00pm EST. Join me by clicking the link to register:
There will not be a replay for this webinar. You must register and attend. If you are unable to attend the webinar and would like to see if you qualify for our free Tax Advisory Discovery Call, click here:
We do tax plans all year. Do not allow another year to go by where you're over paying the IRS. The April 15th deadline is in 2 weeks. If we have not spoken, please be sure to download your documents from prior years that you may need in the future. Your client portal will be deactivated on April 30th. We only store documents for active clients, and are making room for more. If you still plan to file, please send me an email to let me know so we may decide how to best move forward. The IRS has launched new efforts aimed at high income non-filers. There are 125,000 cases focused on high earners. We are bringing back our tax prep only option. We do not want anyone to have a reason to not file with a reliable, trustworthy, professional. New clients who need tax preparation only... enter here:
If you have questions and need guidance, please feel free to schedule your consultation.
Tax filing is a one time event, but successful tax planning happens year 'round. |
Welcome to the KNK Tax & Accounting Blog
by Karitsa Kerns - Enrolled Agent and Tax Advisor
Hello High Earners and Future High Earners, It's the 5th month and I want to help 5 people who paid over $25,000 in taxes to significantly reduce their taxes this month. We are 33.3% of the way through the year. Many people feel a sigh of relief after they've filed their taxes, and think all is well until next tax season. That is until they receive that next tax bill. The key to paying less taxes is not what you do at tax time, it's what you do throughout the year. Join Jennifer White with...
Hello High Earners and Future High Earners, There are many reasons why people pay more than they have to in taxes. A few include: They only look at their numbers when they file They don't make quarterly estimated tax payments They aren't organized They don't meet with their tax professional throughout the year They don't understand what's causing the high tax bill so they repeat it year after year. If you wait until you are reviewing your return when it's time to file, there is little that...
Hello High Earners and Future High Earners, EVERYONE has something they aren’t good at. I’m good at tax and accounting because it’s something I’ve done and studied for YEARS!!! If you include corporate payroll, tax, and accounting it’s over 20 years getting close to 30. Add degrees, license, certifications, and countless hours of continuing education. When I started with my business coach I felt so bad and beat myself up because I thought I should know more, and be further along. She said why...