July 6, 2022 How Disability Income Benefits Are Taxed In some cases, disability income is taxable by the federal government. In other cases, it isn’t. Here are the rules. Read More
June 29, 2022 Vehicle-Related Expenses: Can Individual Taxpayers Deduct Them? Rather than keeping track of your actual vehicle-related expenses, you may be able to use a standard mileage rate to … Read More
June 21, 2022 Five Tax Implications Of Divorce Getting a divorce can be a difficult process. You don’t want to make it worse by making decisions that will … Read More
June 15, 2022 Your Estate Plan: Don’t Forget About Income Tax Planning With the federal estate tax exemption currently so large, you may want to devote more time to saving income taxes … Read More
June 13, 2022 Social Security Benefits: Do You Have To Pay Tax On Them? Some people are under the misconception that Social Security benefits are always free from federal income tax. So they may … Read More
May 31, 2022 Is It A Good Time For A Roth Conversion? If the value of your portfolio is down, you may want to turn the stock market downturn into a tax-saving … Read More
May 25, 2022 The Ins And Outs Of Series EE Savings Bond Taxation Do you own Series EE bonds? Take a look at the issue dates to see if the bonds are no … Read More
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
