Bill Zumwalt's (teamzumwalt) Blog

Confused as to what’s deductible or how to figure your auto or meals and entertainment expense?    Do you  need an organizer to help you prepare your tax information to give to your tax guy? Well help is on its way. Just go to www.TeamZumwalt.com. For your organizer just click the tab “Online For...

Just go to our Website at www.TeamZumwalt.com for free help.  Under the download tab you will find a wealth of information on rules for deducting travel and entertainment, auto expenses, retirement plans and tax tips just for realtors®. There are also brochures you can use as handouts for your cl...

2014 is here, and it's time for New Years' resolutions. Americans across the country are pledging to lose weight, quit smoking, exercise, and find new jobs. Some of them will succeed, others will lose faith before the first snowmelt. (Want to make a fortune? Open a gym that turns into a sports ba...

Well here we are in 2014 with Congress once again not addressing the tax credits that they extended for 12 months last year. We are left to wonder if a school teacher will be able to deduct $250 for supplies she pays for out of her or his own pocket. Sad, really.  Also the Section 179 expense for...

Are you wondering if you got every deduction? Well, here’s a checklist to help you find ever itemized deduction so that you pay less taxes. No reason to leave Uncle Sam a tip! Solo 401K Want the same tax advantage for retirement accounts as the big corporations? Want to make a big dent in those t...

We are introducing a new feature on our website www.TeamZumwalt.com . We have called it “Tax Flash”. Each week there will be a short and helpful article aimed at helping your reduce or comply with tax requirements.  This week is a note about filing 1099’s. Those of you who have team members recei...

Well it’s hard to believe that it’s another year soon. So for those of you needing to reduce your taxes here are some last minute ideas. 1) Charitable Contributions.   If you plan to give to charity consider donating before year end. Pay your January tithes by year end and receive the tax benefit...

The Zumwalt clan had there traditional Christmas Eve Dinner and Grand Gift Opening.  We have pictures each year of the kids having to wait in the hallway before ransacking the family room on Christmas morning. We now have to have a panorama lens with close to 45 people over for the event. That’s ...

Christmas is almost here, and that means millions of parents across America are telling their kids to behave themselves or risk winding up on the "Naughty List." (Admit it — if you've got kids, and you celebrate Christmas, you've done it yourself.) But while kids may be on their best behavior, gr...

If you always worried that you were missing a deduction or leaving money on the table? My answer is yes you are. I have been able to set up a new e-brochure on our updated website at www.TeamZumwalt.com that will help many of you who are salaried employees. Best thing you can do is to look at las...