The End of Tax Season, Estimated Taxes, And Unemployment Compensation by Bruce Fosdick

I’m still emotionally adjusting to the fact that we just went through 4th of July weekend … and “tax season” is STILL GOING. I’m thankful for it, because I also know that extending the deadline during this wild, intensely difficult year (for so many) was a rare offering of grace from the IRS for Douglas County taxpayers. Even if it … Read More

Bruce FosdickThe End of Tax Season, Estimated Taxes, And Unemployment Compensation by Bruce Fosdick

Bruce Fosdick’s To-Do List If You Can’t Pay All Your Taxes

Some of our Douglas County clients are STILL pulling their paperwork — which is understandable during this donkey of a year, and with all of the new complications. But sadly, ye olde IRS isn’t extending any payment grace in a couple weeks. (I say “sadly”, but here at Team Fosdick we may or may not be champing at the bit … Read More

Bruce FosdickBruce Fosdick’s To-Do List If You Can’t Pay All Your Taxes

Why Procrastination Makes Sense in 2020 For Douglas County Taxpayers

We’ve had impeachment votes, worldwide pandemics, quarantine-like lockdowns (for the healthy), public police brutality, widespread protests, intense riots, MURDER HORNETS, statues falling, social media anger and now we have a drunken and murderous monkey to top off our 2020. What’s worse —  the year isn’t even halfway over yet. And there are plenty of other things that we could have … Read More

Bruce FosdickWhy Procrastination Makes Sense in 2020 For Douglas County Taxpayers

Is Your State Broke? Bruce Fosdick Analyzes State Tax Revenue Sources

With national events continuing as they are, here at Bruce L. Fosdick, CPA, PC, we’re finding ourselves locking into “go mode” … again. It’s unusual for us to be in this mode smack in the middle of June, but this year has not been … usual. This is because the tax deadline (July 15th, 2020) is barrelling at us. Many … Read More

Bruce FosdickIs Your State Broke? Bruce Fosdick Analyzes State Tax Revenue Sources

Financial Mindset Management for Our Douglas County Tax Clients

Based on the history of events over the course of the last few decades (both here in Douglas County and beyond), you might have thought that world events would have slowed down in the last week — that there could begin to be some sense of normality. But no. This isn’t a normal time in our nation. It’s not a … Read More

Bruce FosdickFinancial Mindset Management for Our Douglas County Tax Clients

Which Stimulus Payments Are Taxable (and Which Aren’t) For Douglas County Taxpayers

All over our nation, we’re seeing pain. It’s overwhelming, as someone who has to communicate to a broad base of Douglas County clients, to even articulate meaningful words about everything that is happening. So … I’m just doing what I can to sit in the pain of it all with my friends, and not try to brush past it. I … Read More

Bruce FosdickWhich Stimulus Payments Are Taxable (and Which Aren’t) For Douglas County Taxpayers

The Important Details of Mortgage Forbearance For Douglas County Taxpayers

Here we are, just out of perhaps the oddest Memorial Day weekend in memory. The summer is here! But it feels like much of our country is still mired in winter. And that feels like it is still the case, no matter the hints of progress against this virus, and no matter the steps taken towards reopening you might be … Read More

Bruce FosdickThe Important Details of Mortgage Forbearance For Douglas County Taxpayers

The Breakdown Of Trust In Douglas County And How To Rise Above

I’ve written a fair amount over the past few weeks about all of the specific provisions in the CARES Act, related to economic stimulus checks, various tax savings strategies, financial implications, and then some. And I will continue to be covering these topics in the weeks ahead. But today I want to address you around this particular social moment we’re … Read More

Bruce FosdickThe Breakdown Of Trust In Douglas County And How To Rise Above

Douglas County Folks With Student Loans, Or Who Take An RMD, You’ve Got To Read This

It feels to me that we’re all in need of some good news. I have some great news for the young (ish) and the old (ish), but before I get there, I’d like to encourage EVERY person who is reading this: Keep your head in the game. Yes — we can so easily get caught up in seemingly-nefarious schemes on … Read More

Bruce FosdickDouglas County Folks With Student Loans, Or Who Take An RMD, You’ve Got To Read This

Separating Truth From Fiction Around The Stimulus Payments For Douglas County Taxpayers

Now, more than ever, it’s important to keep your mind clear. With so many of us spending more time than ever online and on our devices, there are even more opportunities for falling — no, DIVING — into rabbit holes of distraction and unproductive emotion. Yes, I’m a local Douglas County tax professional. We’re not known for our deep emotions. … Read More

Bruce FosdickSeparating Truth From Fiction Around The Stimulus Payments For Douglas County Taxpayers