Richard Bukzin, MST

Richard Bukzin, MST I am a tax consultant that provides tax, accounting, bookkeeping & payroll services.

03/24/2026

Haven’t filed your federal tax return yet? The deadline is still a month away, but if you won’t get to it by April 15, request a six-month extension to file from the . See: www.irs.gov/extensions

03/21/2026

New tax deductions from the One, Big, Beautiful Bill provisions include:
• Overtime Pay Deduction
• Tip Income Deduction
• Senior Deduction
• Standard Deduction Boost

Learn more from the at: https://ow.ly/iycs50Ysphr

03/09/2026

One of the biggest financial mistakes people make is assuming all income gets taxed the same way.

That's a COSTLY mistake.

One of the most overlooked ways to build wealth is understanding that not every dollar is treated the same under the tax code.

Some forms of income receive favorable treatment, some can be excluded altogether if you meet the rules, and some can be structured in ways that materially reduce what you owe over time.

That is why this matters.

When you understand how gifts, life insurance proceeds, Roth distributions, home sale gains, municipal bond interest, and other categories are treated, you make better decisions. You stop looking at money as just “income” and start looking at it through the lens of tax efficiency, timing, ownership, and long term planning.

That is how experienced investors, business owners, and high net worth families think.

They are not just focused on how much they earn. They are focused on how much they keep after taxes, how assets are positioned, when income is recognized, and whether a major financial move is being made in the most efficient way possible.

I spent years as a financial advisor, and I can tell you this without hesitation: people who understand the tax treatment of money have a real advantage.

They make better investment decisions, better retirement decisions, better estate planning decisions, and better cash flow decisions because they understand the rules before the transaction happens, not after.

The tax code is not just a set of penalties. In many cases, it is a roadmap. The people who learn how it works tend to keep more of what they build. The people who ignore it usually end up giving away more than they need to.

Here's your next steps: 👇🏼

📍Follow and comment “STACK” and I’ll send you my FREE guide: The Wealth Stack - 7 Assets Required to Achieve Financial Freedom.

In this guide, I reveal the assets I acquired that enabled me to achieve multi-millionaire status in my 30s. 👉🏼 Follow to learn wealth-building tips your parents and school didn’t teach you.

03/05/2026

It’s time to make your tax appointment! As we begin our 2025 tax filing season. I would like to remind you to make an appointment with me to prepare your return and not owe Uncle Sam. I look forward to hearing from you in the coming weeks. Thank you very much!

02/19/2026

If you claimed the Earned Income Tax Credit or the Additional Child Tax Credit and are wondering where your refund is, don’t panic. You can expect to get your refund by March 3 if:

• You filed your return online
• You chose to get your refund by direct deposit
• We found no issues with your return

However, some taxpayers may see their refunds a few days earlier. Check Where’s My Refund for your personalized refund date. Visit here for more info: www.irs.gov/refundtiming

02/12/2026

📋 The IRS taxes most of what you earn. But not everything.

Some income sources are completely excluded from federal taxation. Others got new deductions under the OBBBA that effectively make them tax-free up to certain limits.

Gifts up to $19,000 per recipient per year are tax-free to both the giver and recipient. Married couples can give $38,000 per person. Exceed the annual limit and you file a return, but you still don't owe tax unless you've burned through the $15 million lifetime exemption.

Inheritances are not income. The estate may owe tax if it exceeds $15 million ($30 million for married couples), but the heir receiving the money does not pay federal income tax on it. A handful of states do levy inheritance taxes: Kentucky, Maryland, Nebraska, New Jersey, and Pennsylvania.

Two OBBBA provisions are new for the 2025-2028 tax years. Workers in tipped occupations can deduct up to $25,000 in qualified tips. FLSA-covered workers can deduct the overtime premium portion of their pay, up to $12,500. Both phase out above $150,000 MAGI ($300,000 MFJ). These are technically deductions, not exclusions, so the income still shows up on your W-2 and is subject to F**A.

The home sale exclusion is one of the largest tax breaks available. Sell your primary residence after living there 2 of the last 5 years and the first $250,000 in gains ($500,000 MFJ) is tax-free. No age requirement.

One nuance on Roth distributions: they are only tax-free if the account has been open at least 5 years and you are 59½ or older. Early withdrawals of contributions are penalty-free, but earnings withdrawn early may be taxed.

02/12/2026

Paper checks were neato, but now we have a faster way to get you your refund. Direct deposit is the bees’ knees. You can get your refund in 21 days or less. If you need to make a payment, our electronic payment options are nifty. Paying electronically is like greased lightening and helps you avoid penalties and interest.

Get ready to make your payments burn rubber. Visit www.irs.gov/modernpayments.

Decided to join the chat gpt trend.
02/08/2026

Decided to join the chat gpt trend.

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