Braughton, Foster & Fite, LLC

06/24/2024

We have moved! We are at 208 Buena Vista!

11/13/2023

"Wishing you a Diwali filled with love, laughter, and the sweetness of festive treats."

Happy Diwali!

10/16/2023

Happy Boss's Day!! We are truly blessed to have such amazing people to lead us! We thank you guys for everything you have done and continue to do for us & your clients!! 💫💜

01/04/2023

12/23/2022

Merry Christmas!!

From the Braughton, Foster & Fite Family 🙏🏽🙏🏽

10/31/2022

Happy Halloween from BFF!! 🎃

12/28/2019

Hope you all had a wonderful Christmas and a wonderful year packed with many memorable moments (here are some of ours)! Looking forward to seeing you soon!

04/16/2018

Tuesday the 17th is the deadline to file your taxes! Let us know if you need an extension!

03/02/2018

1. The U.S. tax code is more than 10 million words long
2. The simplest IRS tax form requires more than 100 pages of explanation
3. People spend 8.9 billion hours complying with federal tax laws
4. $29.6 billion is spent annually on tax preparation software
5. Nearly three-quarters of taxpayers get federal refunds
6. The average American is netting around $3,000 from their federal refund
7. The average effective income tax rate is 13.5%
8. The rich pay a majority of federal income taxes
9. Close to half of all households pay no federal income tax
10. Today's peak tax rate is actually quite low
11. Among states, Louisiana has the least-favorable combined tax rate
12. Among countries, the U.S. has the third-highest peak marginal corporate income tax rate
13. Some of your income is double-taxed
14. Filing an extension doesn't give you a free ride
15. The EITC is among the most defrauded credits
16. Capital gains on the sale of a home is arguably the most generous exemption
17. Filing a paper tax return leaves you 41 times more likely to make an error
18. You can earn up to 30% or $10 million for tattling on a tax-evading individual or employer
19. The IRS is exceptionally cost-efficient

02/13/2018

8 Ways To Prepare for Big Tax Law Changes This Filing Season.

The federal tax overhaul put in place by Republicans has produced an unusual show of bipartisanship now that tax season is here: We are a nation united in befuddlement.

One bit of confusion to dispel quickly: The changes don't affect taxpayers for the 2017 filing season.

1. Preview your 2018 taxes
2. Rework your withholding
3. Watch for SALT (state and local income tax) workarounds
4. Bunch up your donations
5. Home equity loan deductions
6. New college savings plan uses
7. Run your retirement numbers
8. Finally, just breathe

02/05/2018

Taxpayers who claim the Earned Income Tax Credit or the Additional Child Tax Credit may experience a refund hold. According to the Protecting Americans from Tax Hikes (PATH) Act, the IRS cannot issue these refunds before mid-February. The IRS expects the earliest EITC/ACTC related refunds to be available in taxpayer bank accounts or debit cards starting February 27, 2018, if these taxpayers chose direct deposit and there are no other issues with their tax return.

With taxes being held up this year, lots of people are taking advantage of the Tax Refund Advance we have available. Call to make an appointment today!