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Financial Planning Insights

How Do Tax Brackets Work?

By The Chandler & Knowles Team | | 0

How Do Tax Brackets Work?

Captive Insurance Tax Benefits

By The Chandler & Knowles Team | | 0

The world of health insurance is a complicated, often frustrating place. Many companies are interested in offering better, more affordable plans for their employees, but most plans are very similar. The cost of health insurance is prohibitive, the benefits limited, and copays, deductibles, and co-insurance expensive. However, one option to explore..

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What Estate Planning Documents Do I Need?

By The Chandler & Knowles Team | | 0

One of the most important yet often overlooked tasks is estate planning. It isn't pleasant to think about dying and people sometimes think they have plenty of time. However, that can change in a minute and the last thing you want to do is to leave your survivors to deal with all of it. Many people don't prepare because they really don't know where..

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Will I Be Taxed on My PPP Loan?

By The Chandler & Knowles Team | | 0

The coronavirus has wreaked havoc on the economy and particularly on small businesses. The CARES Act was enacted and signed into law on March 27, 2020. The PPP program is being implemented by the Small Business Administration supported by the Department of the Treasury. The program was designed to help small businesses (as defined by the Small..

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Furlough vs Layoff

By Chandler and Knowles | | 0

Times have become uncertain in almost every industry. This has required employers to make difficult decisions. Working from home has allowed some employers to continue to do business as usual but this is not possible in every type of business. Two options for cutting back on staff are furlough and layoff. Both of them have implications for the..

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Tax Credits for a Child | Chandler and Knowles CPA

By Chad Chandler | | 0

It’s everyone’s favorite time of year - tax return season! Do you know how President Trump’s 2018 tax reform is going to affect you if you are a parent claiming dependents on your taxes? If you have young children or other dependents, there is a good chance you are eligible for the Child Tax Credit. This credit could reduce your federal income tax..

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Irrevocable Trust Benefits

By The Chandler & Knowles Team | | 0

First off, you may be wondering what an irrevocable trust is; or you may be unfamiliar with trusts in general and need to know more before considering one. Essentially, a trust is a legal arrangement that provides for the ownership, management, and distribution of your property for the rest of your life, as well as after you are gone.

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Tax Planning is Best Left to a CPA

By The Chandler & Knowles Team | | 0

Taxes. What a headache. Year after year. But wait, there is actually a way to do taxes efficiently and pay the least amount you legally owe, each and every year. The secret? Hire a skilled and experienced CPA.

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Chandler & Knowles CPAs is dedicated to serving our clients with an integrated approach to financial success for businesses, families and individuals. Our knowledgable team is committed to providing you with the most detailed information to answer your biggest financial questions and to help make your life less taxing.

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