If you owe federal income taxes, there’s a chance you also owe state income taxes. If you don’t have enough money to pay both bills, devote as much effort as possible to paying off one, said financial adviser Rob Burnette, the CEO of Outlook Financial Center in Troy, Ohio.
The most important thing to consider before setting up an investment account for your children is determining the purpose of the funds.
Outlook Financial Center of Troy, CEO Rob Burnette explains why it’s important to turn to an expert during this time.
This one can be confusing, but the rule of thumb is that “head of household tax filing status is chosen by unmarried taxpayers with qualifying dependents,” says Rob Burnette, an investment advisor representative, tax preparer and CEO of Outlook Financial Center in Troy, Ohio.
Rob Burnette is the CEO of Outlook Financial Center in Troy. “It’s a busy time. But you got to be compassionate with the taxpayers because they really don’t know the tax code,” Burnette said.
You’ll need to keep those to file your taxes, says Robert Burnette, CEO and financial adviser at Outlook Financial Center.