Blog
Truth and Fiction About the Trump Payroll Tax Cuts For Cleveland Taxpayers
Right now we're living through an age in which media trust has been thoroughly decimated. "Expert" authority itself is being questioned (in many cases, rightly), and misinformation is rampant.That's perhaps one of the reasons I've received so many visits to this...
Now Is The Time For An Estate Plan For Cleveland Taxpayers
Right now, it's almost impossible to escape the conflict, the noise, and the shaming over various cultural decisions we're having to make. Lockdowns, schooling, more economic stimulus, elections, vaccines -- it's all enough to drive you crazy if you pay close...
Rich Rhodes’ Guiding Principles For Teaching Kids About Money
However you slice it, the schooling situation right now is tough, with no good options.If you are vehemently in favor of full-on school ... well, compassion would dictate that you would recognize that others are having more difficulty with that, for caution's sake or...
A Strategy For Cleveland Taxpayers With A Higher Than Expected Tax Bill
Taking a look around the world these days, and where things seem to be headed...But our heads are high here at Hinckley Tax Service because we worked our tails off for our Cleveland clients this year. We helped a bunch of people save a ton on their taxes -- with...
Reflections On The Extended Tax Season By A Local Cleveland Tax Professional
I remember at the end of April 2019 that I felt like it had been one of the wildest tax seasons in memory. The TCJA ("Trump Tax Code") had thrown a ton of curveballs our way, and we were looking forward to implementing tax planning strategies for our Cleveland clients...
The End of Tax Season, Estimated Taxes, And Unemployment Compensation by Rich Rhodes
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...
Rich Rhodes’ To-Do List If You Can’t Pay All Your Taxes
Some of our Cleveland 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...
Why Procrastination Makes Sense in 2020 For Cleveland 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...
Is Your State Broke? Rich Rhodes Analyzes State Tax Revenue Sources
With national events continuing as they are, here at Hinckley Tax Service, 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...
Financial Mindset Management for Our Cleveland Tax Clients
Based on the history of events over the course of the last few decades (both here in Cleveland 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...
Which Stimulus Payments Are Taxable (and Which Aren’t) For Cleveland Taxpayers
All over our nation, we're seeing pain.It's overwhelming, as someone who has to communicate to a broad base of Cleveland 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...
The Important Details of Mortgage Forbearance For Cleveland 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...