The Why and How Behind Procrastination – Something for Douglas County Friends to Consider

Stress. Anxiety. Unease. Worry. And a pinch of aggravation just to round it all out. No, I’m not talking about the upcoming May 17th federal tax deadline. Or am I? For millions of Americans every year, the tax filing deadline points to a much bigger issue. An issue so pervasive that it’s the subject of internet memes, stand-up comedy routines, … Read More

Bruce FosdickThe Why and How Behind Procrastination – Something for Douglas County Friends to Consider

A Great Retirement Planning and Portfolio Tip for Our Douglas County Friends

Can you believe it? Three weeks until the May 17th deadline! You’ll forgive me if visions of vacation and beaches are dancing through my daydreams. For many in Douglas County, daydreams like these become more frequent while contemplating retirement (not just surviving the craziest tax season to date) … And whether your vision of retirement involves exotic beachfront locations, exploring … Read More

Bruce FosdickA Great Retirement Planning and Portfolio Tip for Our Douglas County Friends

Helping Douglas County Residents Understand the Purpose of Life Insurance

As the old joke goes, the only two guarantees in life are death and taxes. In these updates, I obviously spend a lot of time talking about taxes. And these past 12 months, no matter how things have landed for those of you in or near Douglas County … the other part of that axiom has been staring us in … Read More

Bruce FosdickHelping Douglas County Residents Understand the Purpose of Life Insurance

Buying a House in Douglas County During this Housing Shortage

Buying a house in Douglas County right now is painful. Very painful. Inventory is at a historic low, and prices are skyrocketing. I have some thoughts — and while this is admittedly not within my direct “wheelhouse” … I think it will help as we move through the spring and summer real estate seasons. But before I get there, a … Read More

Bruce FosdickBuying a House in Douglas County During this Housing Shortage

Big Earned Income Tax Credit Changes for all Douglas County Filers in 2021

I have to apologize to all of my Douglas County clients for the sheer volume of tax-centric writing I’ve been doing the last few weeks and months. Normally, I like to write on other topics (in addition to the tax-related stuff) … but I cannot emphasize enough how massively and significantly the tax code has been impacted by all this … Read More

Bruce FosdickBig Earned Income Tax Credit Changes for all Douglas County Filers in 2021

Key Healthcare Changes From ARPA For Douglas County Taxpayers

Last week marked the one year anniversary of the CARES Act (stimulus round 1). This was such a monstrous piece of legislation, it’s still being unraveled. It made “Obamacare” (ACA) and the “Trump Tax Cuts” (TCJA) seem like junior league tweaks. We had not before seen a bill so massive and comprehensive in its changes to the tax code  … … Read More

Bruce FosdickKey Healthcare Changes From ARPA For Douglas County Taxpayers

The NFT Craze, Explained By Bruce Fosdick

Events are happening fast in tax world, and we are VERY busy here at Bruce L. Fosdick, CPA, PC. But this is a good thing — we’ve been preparing for this season all year, and we love to serve. We knew that there would be unexpected curve balls this year, but “rewriting the tax code for tax returns that have … Read More

Bruce FosdickThe NFT Craze, Explained By Bruce Fosdick

The New Stimulus Update and Tax Issues for Douglas County Filers

The “American Rescue Plan” has been finalized. And there are things about the new stimulus update our Douglas County clients should know. While I normally write weekly, there is information in this strategy note that you need to know about now that might even impact how you proceed in the following days. As of this writing, Congress has agreed — … Read More

Bruce FosdickThe New Stimulus Update and Tax Issues for Douglas County Filers

Third Stimulus Package Update For All Douglas County Taxpayers

Despite what you might think, being a tax accountant is NEVER boring. We have all kinds of fun amusements that keep us going. We play little games like: “Guess The New Tax Law That Will Change Returns That Have Already Been Filed” — catchy title, I know, and we get to play it all the time. For instance, this new … Read More

Bruce FosdickThird Stimulus Package Update For All Douglas County Taxpayers

Post-Stimulus Taxes for 2020

I mentioned last week the key provisions of the “American Rescue Plan,” while it was just proposed legislation. Now that the House has passed it, there is more meat on those bones. I’ll run it all down for you once it’s been signed by the President, but the key provisions are what I indicated: An expansion of individual stimulus checks … Read More

Bruce FosdickPost-Stimulus Taxes for 2020