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Tax Season Is In Full Swing Taxes Are a Building Block of Financial Planning Timing is everything when it comes down to tax planning! Sutterfield Financial Group, Inc. spends the necessary time preparing clients for their individual tax situations throughout the year. There is uniqueness in every person’s situation that can benefit from a professional looking to determine what can be done to better your financial picture. Individual taxes filings are due on April 15, 2020, and most people will attest that this date comes faster than expected. Filing after the deadline can be costly as well. Federally, the IRS can assess a “failure to pay” penalty and another additional penalty if the amount is over 60 days late. Oftentimes taxpayers are overwhelmed by changes in tax laws or changes in their own status. Getting married, for exam-
ple, or starting their own business can put a new spin on the way taxes are assessed as well as which forms may be used. Additionally, taxpayers will want to benefit from the deductions they can claim. Often, people are unaware of the many situations and deductions that an accounting professional may easily uncover. Along with having the knowledge of tax fillings, Sutterfield Financial Group, Inc. staff also stay up to date on the ever-changing tax laws and strategies to promote effective planning. Did you know that almost ALL your financial decisions weigh on your tax picture? Tax planning is one of the key components to ensuring that you are meeting your long-term goals and effectively managing your cash flow after retirement. With the mission of assisting their clients in every aspect of their financial lives, Sutterfield Financial Group strives to be the “One-Stop Shop.” For advice on planning for your financial future, visit www.sutterfieldfinancial.com or give them a call at 918-3382255. They are located at 501 East Fourth Street in downtown Bartlesville. You can also visit their Facebook page to keep up with the latest activities and news.
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