Life Changing Events Can Impact Your Taxes
Article Highlights: Marriage Buying a Home Having or Adopting Children Getting Divorced Death of Spouse Throughout your life there will...
Foreign Account Reporting Requirements (FBAR)
Article Summary: Foreign Account Reporting Requirement Financial Crimes Enforcement Network Penalties for Failure to File Type of...
Receiving Tips Can Be Taxing
Article Highlights: Collecting Tips Tip Splitting Service Charges Record Keeping Employer Reporting Allocated Tips Anyone who collects...
Minimizing Tax on Social Security Benefits
Article Highlights: Income as a Factor Filing Status as a Factor 85% Maximum Taxable Base Amounts Deferring Income Maximizing IRA...
The Best Ways to Maximize Your Savings for Retirement
According to one recent study, the vast majority of Americans who are between the ages of 55 and 64 say that they have only saved, on...
August 2019 Individual Due Dates
August 12 - Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips during July, you are...
Does Your Tax ID Number Need to be Renewed?
Article Highlights: Expiring ITINs IRS Currently Accepting Renewal Applications Family Renewal Options How to Renew Common Errors to...
Does Your Tax ID Number Need to be Renewed?
Article Highlights: Expiring ITINs IRS Currently Accepting Renewal Applications Family Renewal Options How to Renew Common Errors to...
Facing a Huge Gain from a Realty Sale?
Article Highlights: Adjusted Basis Passive Loss Carryovers Installment Sale Tax-Deferred Exchange Tax on Net Investment Income Qualified...
Looking Ahead to 2019 Taxes
Article Highlights: Solar Credit Plug-In Electric Vehicle Credit Penalty for Not Having Health Insurance Medical Deduction Restrictions...
How to File Taxes After Saying “I Do”
Article Summary: Filing Options Married Filing Jointly Unpleasant Consequences Pleasant Consequences Married Filing Separately Notifying...
Facing a Huge Gain from a Realty Sale?
Article Highlights: Adjusted Basis Passive Loss Carryovers Installment Sale Tax-Deferred Exchange Tax on Net Investment Income Qualified...
Facing a Huge Gain from a Realty Sale?
Article Highlights: Adjusted Basis Passive Loss Carryovers Installment Sale Tax-Deferred Exchange Tax on Net Investment Income Qualified...