April 18, 2023 There’s A Favorable “Stepped-Up Basis” If You Inherit Property If you’ve inherited assets or you’re planning your estate, it’s crucial to understand the “step-up” basis rules. Read More
April 18, 2023 IRS Guidance Coming Regarding The IRA’s Clean Vehicle Credit Will the electric vehicle you have your eye on qualify for the Clean Vehicle Credit? IRS guidance is coming soon … Read More
April 6, 2023 The Tax Rules For Donating Artwork To Charity If you donate a valuable work of art to a tax-exempt hospital, do you get the same tax deduction as … Read More
March 30, 2023 Some Taxpayers Qualify For Favorable “Head Of Household” Fling Status You may pay less tax if you file your tax return as a “head of household” than if you file … Read More
March 16, 2023 The 2022 Gift Tax Return Deadline Is Coming Up Soon The income tax return deadline is April 18 this year. But it’s also the deadline for filing a gift tax … Read More
March 9, 2023 Claiming Losses On Depreciated Or Worthless Stock If you invest in the stock market, you’ve probably owned some losing shares. Here’s how to claim losses on your … Read More
March 2, 2023 Awarded Money In A Lawsuit Or Settlement? It’s Only Tax-Free In Certain Circumstances If you receive a personal injury settlement or award, do you have to pay tax on it? Here are the … Read More
March 1, 2023 The SECURE 2.0 Act Want to save more for retirement? You might be able to with the many changes in a new law signed … Read More
February 23, 2023 Make An IRA Contribution For Last Year If you want to help ensure your financial security in retirement, saving now is one of the best moves you … Read More
February 15, 2023 Child Tax Credit: The Rules Keep Changing But It’s Still Valuable If you’re a parent, you know that children are expensive. Fortunately, there’s a federal Child Tax Credit that may help … Read More
February 15, 2023 Answers About 2023 Deductions / Limits How much is the standard deduction in 2023? How much do you have to earn this year before you can … Read More
January 18, 2023 Tax-Saving Ways To Help Pay For College As any parent of a college student knows, higher education is expensive. Fortunately, there are some tax breaks for eligible … Read More
