Tax
7 Valuable Takeaways from the 2023 Tax Season
With the 2023 tax season in the books (literally), we at Hallows & Company like to review what went well and lessons learned from an interesting tax season. The 2023 season brought with it several significant changes and developments that impacted taxpayers and businesses. Reflecting on this past year reveals important lessons about adapting to…
Read More10 Things to Know about Filing a Tax Extension
Filing a tax extension can provide relief for businesses and individuals who need more time to gather their financial documents or prepare their tax returns accurately. Accountants at Hallows & Company have heard some false information being spread around about what it means to file an extension. Here’s what you need to know about filing…
Read More4 Key Strategies to Evaluate and Plan for Next Tax Season
Here at Hallows & Company we understand that tax season can be a stressful time for many individuals and businesses. The preparation and filing of tax returns can be a time-consuming process, and the fear of making errors or missing important deadlines can add to the pressure. However, there are several ways to evaluate tax…
Read MoreThe 6 Tax tips costing you thousands!
Tax strategies are a HUGE topic but we have boiled down 6 basic ones that many can and should consider. Taking 100% of allowable deductions this year! I know it sounds really counter intuitive, but let me explain. Very simply put, you don’t want to deduct something all in one year that you have financed…
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