Blog

When Amending a Tax Return Is Right for Bay Area Taxpayers

When Amending a Tax Return Is Right for Bay Area Taxpayers

Here we are in May. The tax deadline is in the rearview … and we’re still here for our Bay Area friends. Ready to rock on your behalf. Today I’m talking about second chances.Ctrl + Z. Ever used that keyboard shortcut? It’s also known as the “undo” button – a...

Why Disability Insurance Matters – Gary Watts’s Take

Why Disability Insurance Matters – Gary Watts’s Take

Now that the tax deadline has come (and gone - whew!), it’s time to start thinking about the rest of 2022… and future possibilities of all kinds – both good and, well, not so good. The good? There are steps Bay Area taxpayers like you can take now to help lower...

How Bay Area Taxpayers Can Wisely Spend A Tax Refund

How Bay Area Taxpayers Can Wisely Spend A Tax Refund

By the time you read this, the tax deadline will have just passed and our Bay Area tax office will be taking a long, deep breath. (Serenity now!) These days have been a whirlwind of activity for us here at Watts Advisor Tax Planning, and not just because of tax...

How Bay Area Retirees Can Stretch That Retirement Fund

How Bay Area Retirees Can Stretch That Retirement Fund

You might not feel this as much in your bones as we do here, but the tax deadline is getting very close. This year, for reasons that at this point in our season would take way too long to explain, the tax deadline is April 18th (not 15th).We’re...

NFT Tax Implications for Bay Area Investors

NFT Tax Implications for Bay Area Investors

While many things are dividing the world right now, it’s good to know people can still unite around shared interests… like college basketball. According to an American Gaming Association (AGA) survey, something like 45 million people planned to wager $3.1...

2021 Tax Credits Bay Area Taxpayers Can Bank On

2021 Tax Credits Bay Area Taxpayers Can Bank On

Believe me, I’ve seen some of the craziest tax claims in my office over the years, but claiming captured military equipment hasn’t been one of them. Recently the Ukrainian government assured its people they wouldn’t be held liable for taxation on any Russian...

Factors Affecting Bay Area Taxpayers’ 2021 Tax Refund

Factors Affecting Bay Area Taxpayers’ 2021 Tax Refund

The world seems to be hanging on a razor's edge.There’s a lot of fear going around with Russia’s invasion of Ukraine last week. With a 24-hour news cycle, a heap of different internet sources, social media feeds, and more, it’s difficult to not give in to it all… and...

Tax Identity Theft Protection Tips for Bay Area Taxpayers

Tax Identity Theft Protection Tips for Bay Area Taxpayers

Change is sneaky… and (often) sudden, catching the best of us off guard and forcing us to scramble for some steady ground. Just consider the war in Ukraine. We’ve all been surprised by how quickly things have escalated in the last two weeks and by the devastation...

Credit Cards: A Money Management for Bay Area Teens Tool

Credit Cards: A Money Management for Bay Area Teens Tool

Well, before I jump into money management for teens, let’s focus on the fact that a month has gone by since the beginning of tax season. And boy has it been a veritable whirlwind of activity in the Watts Advisor Tax Planning office. We’ve got our arms deep in the...