taxes

How tax reform will impact New Mexicans

How tax reform will impact New Mexicans 958 736 Donna Skeels Cygan
The Tax Cuts and Jobs Act of 2017 was signed into law by President Trump on Dec. 22, 2017. People are asking: How is this going to impact me? Will my taxes go down? Am I going to pay more taxes? Let’s break it down as it pertains to New Mexican taxpayers. TIMING: The changes [...]read more

New bucket list: create wise tax strategies

New bucket list: create wise tax strategies 837 449 Donna Skeels Cygan
“Don’t let the tax tail wag the investment dog” is a quirky saying that has been a mainstay for financial advisers for many years. It means to not let tax issues override smart investment decisions. However, smart tax planning is essential for smart investing. The key with tax planning is to be proactive, and a [...]read more

6 billion hours go into income tax preparation

6 billion hours go into income tax preparation 1000 689 Donna Skeels Cygan
This month I will be posting a series of articles that were published on the Albuquerque Journal. These articles will explore the relationship between money and happiness. This weeks topic covers taxes! Taxes were on everyone’s mind in April. It is estimated that the average American household paid $13,000 in 2015 taxes (money.cnn.com 4/18/16). In [...]read more