The Bottom Line

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions  Now that the 2024 Election Cycle has ended…what’s in store for the American taxpayer??? Bottom Line Tax Solutions specializes in tax planning and tax resolution. The firm focuses on proactive tax planning and working with their clients throughout the year lower their tax liability and to help them keep […]

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions  Year end is approaching, time for tax planning! And have you filed that sometimes confusing Beneficial Ownership Information Report??? Bottom Line Tax Solutions specializes in tax planning and tax resolution. The firm focuses on proactive tax planning and working with their clients throughout the year lower their tax liability [&#823...

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions  From devastating loses to simple donations; the aftermath of a natural disaster can have significant impact on a taxpayer’s tax liability. Bottom Line Tax Solutions specializes in tax planning and tax resolution. The firm focuses on proactive tax planning and working with their clients throughout the year lower their […]

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions  A discussion on the audit process when the IRS comes knocking. Bottom Line Tax Solutions specializes in tax planning and tax resolution. The firm focuses on proactive tax planning and working with their clients throughout the year lower their tax liability and to help them keep more of what […]

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions  Selecting a business entity can be a huge tax benefit or liability. Bottom Line Tax Solutions specializes in tax planning and tax resolution. The firm focuses on proactive tax planning and working with their clients throughout the year lower their tax liability and to help them keep more of […]

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions  The dreaded tax audit letter just arrived…what to do? Bottom Line Tax Solutions specializes in tax planning and tax resolution. The firm focuses on proactive tax planning and working with their clients throughout the year lower their tax liability and to help them keep more of what they make. […]

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions  What to do when unexpected tax liabilities suddenly appear! Bottom Line Tax Solutions specializes in tax planning and tax resolution. The firm focuses on proactive tax planning and working with their clients throughout the year lower their tax liability and to help them keep more of what they make. […]

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions  Selling under performing investments may lower your tax bill. Bottom Line Tax Solutions specializes in tax planning and tax resolution. The firm focuses on proactive tax planning and working with their clients throughout the year lower their tax liability and to help them keep more of what they make. […]

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions  A discussion on pros & cons on what age to draw Social Security benefits. Bottom Line Tax Solutions specializes in tax planning and tax resolution. The firm focuses on proactive tax planning and working with their clients throughout the year lower their tax liability and to help them keep […]

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions Pro Tax Tip This Pro Tax Tip explains the tax burden and exclusion when selling your primary residence. Bottom Line Tax Solutions specializes in tax planning and tax resolution. The firm focuses on proactive tax planning and working with their clients throughout the year lower their tax liability and […]

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions Pro Tax Tip This Pro Tax Tip addresses the question: when does a hobby become a business? Bottom Line Tax Solutions specializes in tax planning and tax resolution. The firm focuses on proactive tax planning and working with their clients throughout the year lower their tax liability and to […]

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions Pro Tax Tip This Pro Tax Tip addresses the question: at what age should I draw my Social Security Benefits? Bottom Line Tax Solutions specializes in tax planning and tax resolution. The firm focuses on proactive tax planning and working with their clients throughout the year lower their tax […]

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions Pro Tax Tip This Pro Tax Tip addresses the question: could my takes be going up in a year? Bottom Line Tax Solutions specializes in tax planning and tax resolution. The firm focuses on proactive tax planning and working with their clients throughout the year lower their tax liability […]

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions Pro Tax Tip This Pro Tax Tip answers the question: what is the difference between Credits vs Deductions? Bottom Line Tax Solutions specializes in tax planning and tax resolution. The firm focuses on proactive tax planning and working with their clients throughout the year lower their tax liability and […]

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions Pro Tax Tip This Pro Tax Tip answers the question: which IRA is for you, Roth or Traditional? Bottom Line Tax Solutions specializes in tax planning and tax resolution. The firm focuses on proactive tax planning and working with their clients throughout the year lower their tax liability and […]

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions Pro Tax Tip This Pro Tax Tip answers the question: are IRS Audits on the rise? Bottom Line Tax Solutions specializes in tax planning and tax resolution. The firm focuses on proactive tax planning and working with their clients throughout the year lower their tax liability and to help […]

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions Pro Tax Tip This Pro Tax Tip answers the question: when should a company become an S Corporation? Bottom Line Tax Solutions specializes in tax planning and tax resolution. The firm focuses on proactive tax planning and working with their clients throughout the year lower their tax liability and […]

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions Pro Tax Tip This Pro Tax Tip answers the question: how do Health Savings Accounts save you in taxes? Bottom Line Tax Solutions specializes in tax planning and tax resolution. The firm focuses on proactive tax planning and working with their clients throughout the year lower their tax liability […]

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions Pro Tax Tip This Pro Tax Tip answers the question: what are the IRS Reporting Requirements for 1099 Forms? Bottom Line Tax Solutions specializes in tax planning and tax resolution. The firm focuses on proactive tax planning and working with their clients throughout the year lower their tax liability […]

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions Pro Tax Tip This Pro Tax Tip answers the question: Is the IRS cracking down on S Corp Officers not taking reasonable compensation? Bottom Line Tax Solutions specializes in tax planning and tax resolution. The firm focuses on proactive tax planning and working with their clients throughout the year […]

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions Pro Tax Tip This Pro Tax Tip answers the question: will taking home office deductions get me audited by the IRS?!?! Bottom Line Tax Solutions specializes in tax planning and tax resolution. The firm focuses on proactive tax planning and working with their clients throughout the year lower their […]

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions Pro Tax Tip This Pro Tax Tip answers the question: will buying an electric vehicle create big tax savings? Maybe, maybe not….listen before you buy! Bottom Line Tax Solutions specializes in tax planning and tax resolution. The firm focuses on proactive tax planning and working with their clients throughout […]

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions Pro Tax Tip This Pro Tax Tip tackles the question: can I hire my younger child for tax savings? Have a younger child that helps out with your work anyway? This is for you! Bottom Line Tax Solutions specializes in tax planning and tax resolution. The firm focuses on […]

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions Pro Tax Tip This Pro Tax Tip explains how remodeling and upgrading your home can help you save on taxes. New doors, windows, appliances(?)….this is for you! Bottom Line Tax Solutions specializes in tax planning and tax resolution. The firm focuses on proactive tax planning and working with their […]

Jacqueline Sheldon Jacqueline Sheldon/Bottom Line Tax Solutions Pro Tax Tip This Pro Tax Tip explains the upcoming requirement of the Beneficial Ownership Information Reporting. Entities that are LLC or Corporations….this is for you! Bottom Line Tax Solutions specializes in tax planning and tax resolution. The firm focuses on proactive tax planning and working with their clients […]