May 2023 Update from Turner, Leins & Gold, LLC

Turner, Leins & Gold, LLC Finance

It’s never too early to start thinking about cutting next year’s tax bill. In this month’s newsletter, read about several ideas to help lower your 2023 tax obligation. And speaking of taxes, summer work often introduces several tax wrinkles that hit young workers and seasonal workers alike. So included this month are some hints to address taxes and summer employment.

Spring is also graduation season! In addition to all those congratulation cards, why not spend a minute reviewing some classic money basics. It’s a great review for both the newly graduated and for the rest of us as a reminder of how we can make our financial lives run a bit more smoothly.

Finally, there’s a word or two about managing cash for your business and how the concept of separation of duties is a classic way to head off any problems.

Calling All Taxpayers: Plan Now or Pay Later

Waiting to implement strategies to reduce your 2023 tax obligations could cost you money. Here are some suggestions to jumpstart your midyear tax planning review.

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Tax Tips for Your Summer Job

Whether it’s your child’s first job or an extra income opportunity for you, here are some tips to help manage the taxes on your summer earnings.

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Graduation Season: A Great Time to Review Money Basics

With graduation season upon us, now is a great time to review some key money habits. Great information for everyone!

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Safeguarding Your Business’s Cash with Segregation of Duties

Small businesses can battle fraud using a simple segregation of duties framework. Here’s what you need to know.

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Turner, Leins & Gold, LLC

Certified Public Accountants

108 Center St N Fl 2
Vienna, VA 22180-5747
Office: 703-242-6500
www.tlg.cpa
adminvienna@turnerleinsgold.com