Are you searching for ways to avoid unexpected tax bills, missed deductions, or IRS penalties each April? If you've ever found yourself asking, "How can I make tax season less stressful?" or "What can I do to better predict my tax outcome?"—you're not alone. Millions of Americans face these challenges, but the answer lies in proactive tax planning. By using tax projections throughout the year, you can gain control over your financial future and eliminate those unpleasant surprises.

The summer season is a highly favored time for travel and experiencing enjoyable moments under the sun.  If you’re a U.S. citizen who travels for business or work-related reasons, you may be able to offset a portion of summer travel expenses on your tax return, while simultaneously enjoying your vacation. In order to make the most of opportunities for advantageous tax deductions, a certain degree of planning and following proper procedures is required. Read on for more information about summer travel write-offs. Are you eligible for a tax deduction?

Helping our clients build wealth is one of the things that brings us the most satisfaction at Myrick CPA. Here are some observations that may be helpful if you're working at building wealth but don't come from money yourself.