May 23, 2022 IRA Charitable Donations: An Alternative To Taxable Required Distributions Here’s a strategy for older taxpayers who are philanthropically inclined and also take distributions from their traditional IRAs. Read More
May 23, 2022 Caring For An Elderly Relative? You May Be Eligible For Tax Breaks You may have overlooked some tax breaks if you are caring for an elderly relative. Here’s a rundown. Read More
May 9, 2022 Valuable Gifts To Charity May Require An Appraisal There are certain requirements if you donate valuable assets to charity. The penalty for failing to follow the rules is … Read More
May 7, 2022 After Tax Day: Take These Action Steps With the April tax filing deadline in the rear view, now is the time to take certain tax-related action steps … Read More
May 7, 2022 Want To Turn A Hobby Into A Business? Consider Tax Rules Coin collecting, photography, painting, writing, horse breeding and crafts are just some of the hobbies that taxpayers turn into businesses. … Read More
April 26, 2022 Thinking About Converting Your Home Into A Rental Property? It’s home selling (and buying) season. What are the tax consequences if you buy another home but decide to keep … Read More
April 20, 2022 Once You File Your Tax Return, Consider These 3 Issues Once your 2021 tax return has been filed, there still may be some issues to consider. Many people have questions … Read More
April 12, 2022 Selling Mutual Fund Shares: What Are The Tax Implications? Selling mutual fund shares involves many complex factors. Here are the basic rules. Read More
March 30, 2022 Tax Deadline: If You’re Not Ready, File An Extension The clock is ticking down to the April 18 tax deadline. Sometimes, it’s not possible to gather your tax information … Read More
March 26, 2022 The Tax Rules of Renting Out a Vacation Home Property Summer is just around the corner. If you’re fortunate enough to own a vacation home, you may wonder about the … Read More
March 25, 2022 When Inheriting Money, Be Aware of IRD Issues Once a relatively obscure concept, “income in respect of a decedent” (IRD) may create a surprising tax bill for those … Read More
March 21, 2022 Lost Your Job? Here Are The Tax Aspects Of An Employee Termination Most people don’t think about taxes if they lose their jobs but there can be tax implications to a layoff … Read More
