Apex Tax Advisors

06/01/2026

June marks the halfway point of the year, making it a great time to review your financial goals. Are you saving as much as you planned? Are you making progress toward retirement, debt reduction, or other important objectives? A mid-year check-in can help you identify what's working, what needs adjustment, and where you may need to refocus for the remainder of the year. Call us today!

06/01/2026

Life has a way of bringing unexpected expenses when you least expect them. May is a great time to review your emergency fund and make sure it still aligns with your needs. Changes in income, expenses, family size, or lifestyle can affect how much you should have set aside. Many financial professionals recommend keeping three to six months of essential living expenses in an easily accessible account. If your emergency fund needs attention, now is a great time to strengthen your financial safety net.

05/14/2026

When you sell investments like stocks, real estate, or other assets for a profit, the difference between the purchase price and sale price is a capital gain. Short-term gains are typically taxed at ordinary income rates, while long-term gains may be taxed at lower rates. Understanding capital gains helps with smart tax planning. Give us call and set your next appointment to make sure you are executing your financial plan well.

04/27/2026

April Tip: Turn Your Tax Return Into a Strategy
With tax season behind you, April is the perfect time to review your return and look for opportunities. Understanding your income, deductions, and overall tax outcome can help guide smarter decisions around investing, saving, and planning for the rest of the year. Working with a financial advisor can turn this year’s results into next year’s strategy.
Schedule your midyear review now to help you stay motivated!

03/31/2026

A 1099 is an information form used to report various types of income received outside of traditional wages. This may include self-employment income, freelance payments, interest, dividends, investment income, retirement distributions, or other payments. Most 1099 income does not automatically have taxes withheld, which is why people receiving 1099 income often need to make estimated tax payments during the year. Keeping track of your 1099 forms and the income they report helps ensure accurate tax reporting and can help avoid surprises at tax time.

03/23/2026

March Tip: Think Beyond This Year’s Taxes
While many people focus only on filing their current return, March is a great time to start thinking proactively about next year’s taxes. Reviewing your income, deductions, and investment activity now can help identify opportunities to reduce your future tax burden. Working with your tax advisor early in the year allows you to make strategic decisions before December arrives, rather than reacting after the year is over. At Apex we meet in June for our mid-year tax reviews. Schedule your today so you don't forget! See our blog on our website for more tax planning tips!

03/17/2026

Adjusted Gross Income is calculated by taking your total income and subtracting specific adjustments such as student loan interest or retirement contributions. Many tax deductions and credits are based on your AGI, making it an important number in determining how much tax you owe.

03/11/2026

Check out our latest blog for 2026 tax planning inspiration!

Waiting until tax season to think about taxes can often lead to missed opportunities. A proactive tax planning approach allows individuals and families to evaluate their financial situation ahead of time and make thoughtful decisions that may improve their long-term outcomes. By reviewing expected i...

02/20/2026

Unlike a deduction, which reduces taxable income, a tax credit lowers your tax bill dollar-for-dollar. For example, a $1,000 tax credit reduces your taxes by $1,000. Some credits are refundable, meaning you may receive money back even if you owe no tax. Understanding available credits can significantly lower your overall tax liability.

02/18/2026

As tax documents begin arriving, start reviewing them right away. Filing early can help prevent fraud, reduce stress, and give you clarity on whether you owe or expect a refund. The sooner you prepare, the more time you have to make smart decisions before deadlines approach.