Simple Tips for Smarter Finances
Retirement Planning After 50: Catch-Up Contributions to Lower Taxes and Grow Wealth
After 50, catch-up contributions are a simple, powerful tool to increase your retirement savings—especially if you’re getting a late start or want to strengthen your financial future. If your spouse qualifies too, the potential benefits can double.
Need help deciding how catch-up contributions fit into your retirement and tax strategy? Contact us for personalized guidance.
Act soon: The OBBBA ends clean energy tax breaks
Given the shortened timelines and reduced availability of green tax benefits under the OBBBA, proactive planning is key. If you’re interested, you should make the most of these incentives while they last. Contact us with any questions about your situation.
Payroll tax implications of new tax breaks on tips and overtime
The One Big Beautiful Bill Act creates new limited deductions for tips and overtime income through 2028. Find out if you qualify and what it means for your tax bill.
6 Signs It Might Be Time to Hire a Professional to Handle Your Payroll
Running a small business often means wearing a lot of hats—owner, marketer, bookkeeper, HR, and more. But at some point, managing every detail yourself gets overwhelming, especially when it comes to payroll. Payroll isn’t just cutting checks; it’s about compliance, taxes, and employee trust. If you’ve been wondering whether it’s time to hand this task over to a professional, here are six signs to look for.
Plan Ahead for College with a 529 Plan: A Guide for Families
529 plans are a flexible and tax-efficient way to invest in your child’s education. However, certain rules—such as those regarding gift taxes or changes in beneficiaries—can be complex.
If you’re considering a 529 plan and want to make the most of its tax benefits, let’s talk.
Need expert help with taxes, payroll, or bookkeeping?
With local roots and 20+ years of experience,
Bradley T. Barnes, CPA is proud to serve Ottumwa and Southeastern Iowa.