Joanmarie Curtis - Big 3

Joanmarie graduated from Neumann University with a Bachelor in Communication Arts and a Major in Business Journalism. She joined the Brinker Simpson & Co. team in February. She has 9 years experience in Graphic & web design, marketing and customer service, and 4 years experience in Print Industry. She resides in Springfield with her two children and fiancé.
Find me on:

Section 199A: Qualified Business Income Deduction

Big 3, Sec 199A, Small Business

Thanks to tax reform legislation passed in December 2017, eligible taxpayers may now deduct up to 20 percent of certain business income from qualified domestic businesses, as well as certain dividends. Eligible taxpayers can claim the deduction for the first time on the 2018 federal income tax return they file in 2019.

Read More

Year-End Tax Planning for Businesses 2018

Big 3, Tax planning, Small Businness, Family Business, tax planning for small businesses

There are a number of end of year tax planning strategies that businesses can use to reduce their tax burden for 2018. Here are a few of them:

Read More

Year-end Tax Planning for Individuals 2018

Big 3, Tax planning, Individuals

Once again, tax planning for the year ahead presents a number of challenges, this year, primarily due to tax laws changes brought about the passage of the Tax Cuts and Jobs Act of 2018. These changes include the nearly doubling of the standard deduction, elimination of personal exemptions, and numerous itemized deductions reduced or eliminated. Let's take a closer look.

Read More

Choosing a Retirement Destination

Retirement Planning

With health care, housing, food, and transportation costs increasing every year, many retirees on fixed incomes wonder how they can stretch their dollars even further. One solution is to move to another state where income taxes are lower than the one in which they currently reside.

Read More

Tax Considerations when Hiring Household Help

Tax Benefits, Minimizing Tax, household help

If you employ someone to work for you around your house, it is important to consider the tax implications of this type of arrangement. While many people disregard the need to pay taxes on household employees, they do so at the risk of paying stiff tax penalties down the road.

Read More

5 Things to know before Starting a Business

new business, Start-Up Business, Small Business, Business Tips

Starting a new business is an exciting, but busy time with so much to be done and so little time to do it. Also, if you expect to have employees, there are a variety of federal and state forms and applications that will need to be completed to get your business up and running. That's where a tax professional can help.

Read More

Succession Planning: Strategies for Leaving a Business

Succession Planning

Selecting your business successor is a fundamental objective of planning an exit strategy, but it requires a careful assessment of what you want from the sale of your business and who can best give it to you.

Read More

529 Education Savings Plan Updates under Tax Reform

529 Plan

Taxpayers with school-age children should be aware of three recent tax law changes affecting 529 education savings plans.

Read More

5 Ways to Minimize Your Tax Liability

Minimizing Tax Liability

If you want to save money on your tax bill next year, consider using one or more of these tax-saving strategies that reduce your income, lower your tax bracket, and minimize your tax bill.

Read More

Small Business Financing: Securing A Loan

Big 3, Securing a Loan, Financing, Small Business

At some point, most small businesses owners will visit a bank or other lending institution to borrow money. Cash flow is the key to business success. Understanding what your bank wants, and how to properly approach them, can mean the difference between getting your money for expansion and having to scrape through finding cash from other sources.

Read More

Cash Flow: Key to Business Success

Big 3, Cash Flow, Small Business

Cash flow is the lifeblood of every small business but many business owners underestimate just how vital managing cash flow is to their business's success. In fact, a healthy cash flow is more important than your business's ability to deliver its goods and services.

Read More

Safeguarding Financial Records

Big 3, Safeguarding Records

Natural disasters such as hurricanes are more common in summer, but tornadoes, floods, and fires can strike at any time. As such, it's always a good idea to plan for what to do in case of a disaster. Here are some necessary steps you can take right now to prepare:

Read More

Tax Rules for Rental Income From Second Homes

Big 3, Rental Income, Tax Rules

Tax rules on rental income from second homes can be complicated, particularly if you rent the home out for several months of the year and also use the home yourself.

Read More

Tax Benefits of S-Corporations

Big 3, Tax Benefits, S-Corporation

As a small business owner, figuring out which form of business structure to use when you started was one of the most important decisions you had to make; however, it's always a good idea to periodically revisit that decision as your business grows.

Read More

5 Tax Deductions That Disappeared in 2018

Big 3, Tax Reform, Important Tax Changes 2018

Under tax reform, taxpayers who itemize should be aware that deductions they may have previously counted on to reduce their taxable income have disappeared in 2018.

Read More

Saving for Education: 529 Plans

529 Plan, tax-saving strategies, Big 3

Many parents are looking for ways to save for their child's education and a 529 Plan is an excellent way to do so. Even better, is that thanks to the passage of tax reform legislation in 2017, 529 plans are now available to parents wishing to save for their child's K-12 education as well as college or vocational school.

Read More

Tax Breaks for Hiring New Employees

Big 3, Tax Preparation, hiring employees

If you're thinking about hiring new employees this year you won't want to miss out on tax breaks available to businesses with employees.

Read More

Discover a Mistake on Your Tax Return?

Big 3, 2018, Tax Preparation, Tax Return Error

Finished filing a tax return? What should you do if you already filed your federal tax return and then discover a mistake? First of all, don't worry. In most cases, all you have to do is file an amended tax return. But before you do that, here is what you should be aware of when filing an amended tax return.

Read More

5 Easy Ways to Lower Your Tax Bill When You're Self-Employed

Self-Employed, Lowering Tax Bill

If you're like most small business owners, you're always looking for ways to lower your taxable income. Here are five ways to do just that.

Read More

Selling Your Small Business

Selling Your Business, Small Businness, Business Valuations

Selling a small to medium-sized business is a complex venture, and many business owners are not aware of the tax consequences.

Read More