What is the IRS warning? It’s for retirees — make sure you’re paying enough federal income tax. The Tax Cuts and Jobs Act of last December changed the income tax calculations for most filers. This means that most retirees will probably see a decrease in tax liability. Retirees should adjust the amount of taxes they pay accordingly. If they don’t make the...
Read MoreJohnson, Mackowiak & Associates, LLP hosted Cybersecurity for Today’s Digital World. Jarod Koopman, Director of Cyber Crime, Department of the Treasury IRS-Criminal Investigation was the guest speaker. Agent Koopman spoke to a group of about 70, educating them on protection of their intellectual property in today’s digital atmosphere. The event was held...
Read MoreJohnson, Mackowiak & Associates, LLP is proud to host Cybersecurity for Today’s Digital World, an event featuring Jarod Koopman, Director of Cyber Crime, Department of the Treasury IRS-Criminal Investigation. The event will be held at the Clarion Hotel, 30 Lake Shore Drive E. in Dunkirk on Friday, December 7th at 9:00 a.m. The event is free and is open to the...
Read MoreJMA partner Denise Veloski and accountant Scott Dill brought their significant others to support the Mikey’s Way Foundation at the charity’s annual fundraiser. The mission of the Mikey’s Way Foundation is to enrich the lives of children who suffer from cancer or other life-threatening illnesses. Their goal is to create a connection and a diversion,...
Read MorePlanning for your kids and your retirement don’t really seem to go together. But that planning includes getting them to leave the nest in a timely fashion — you know, that warm and fuzzy place they’ve lived in all their lives? We love and want the best for our kids, but it shouldn’t be at risk to our financial well being. Helping a child to buy a...
Read MoreIf you are worried about retirement, you are not in the minority. It’s right there in Gallup’s 2018 annual survey about Americans’ biggest financial worries. For 16 years and running, retirement is at the top of the list. It’s important that your spending plan be based on your unique needs and objectives, but here are three of the most common strategies:...
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