NEWS & ARTICLES

10 tax deductions you can’t claim this year

As tax season approaches, it’s important to know how to maximize your return. Ethan Rotberg of Yahoo!Finance goes through 10 deductions you can’t claim when doing your taxes this year. If you’re eager to start combing through your documents looking for deductions, remember that some common tax breaks were removed by the 2017 tax law, officially called the Tax Cuts and Jobs Act.

Don’t Let These 3 Social Security Surprises Ruin Your Retirement

Maurie Backman of The Motley Fool, explains that If you’re not careful, these 3 rules and features could really come back to bite you. Millions of seniors rely heavily on Social Security to make ends meet. If you’re planning to do the same, you should know the ins and outs of how the program works. If you don’t, you may get caught off guard by some of Social Security’s rules and nuances, like these.
tax time

Now Scheduling Tax Appointments!

J.R. Financial & Insurance Services will have a Tax Professional starting with us February 16th, 2021 Monday-Friday, 10:00 am – 7:00 pm. We are able to do in office or over the phone appointments. To schedule, please contact our office by calling (408) 642-1322, and we’ll be happy to help you!

Planning for 2021: How To Prepare Financially for Two Different Halves of the Year

With so much uncertainty, it might be hard to plan for all of 2021 — but here’s what experts say will have you prepared for whatever the year throws our way. Gabrielle Olya of Yahoo!Finance explores more. Right now, it feels like we are in financial limbo. Coronavirus vaccines have begun to be administered, giving hope that by some point in 2021, we’ll be able to return to some kind of normalcy — along with all the expenses that go with that, like commuting and travel. We also have a […]