September 7, 2021 Planning for Year-End Gifts with the Gift Tax Annual Exclusion There have been proposals in Washington to reduce the estate and gift tax exemption amount, as well as make other … Read More
September 7, 2021 Give Your Staffers a Break with an Accountable Plan Without an accountable plan, your nonprofit and your staffers may pay unnecessary taxes on employee business expense reimbursements. Here’s how … Read More
August 27, 2021 Does Your Employer Provide Life Insurance? Here Are the Tax Consequences Does your employer provide you with group term life insurance? Depending on the amount of coverage, it may add to … Read More
August 18, 2021 ABLE Accounts May Help Disabled or Blind Family Members There may be a tax-advantaged way for people to save for the needs of family members with disabilities — without … Read More
August 11, 2021 Scholarships Are Usually Tax Free But They May Result in Taxable Income If your child receives a scholarship, is the amount taxable income? Here are the rules. Read More
August 4, 2021 5 Possible Tax Aspects of a Parent Moving into a Nursing Home President Biden signed the American Rescue Plan Act. Are you eligible to receive direct payments under the new law that … Read More
August 4, 2021 You May Have Loads of Student Debt, but it May be Hard to Deduct the Interest President Biden signed the American Rescue Plan Act. Are you eligible to receive direct payments under the new law that … Read More
July 21, 2021 There’s Currently a “Step-Up Basis” if You Inherit Property — But Will it Last? President Biden signed the American Rescue Plan Act. Are you eligible to receive direct payments under the new law that … Read More
July 19, 2021 Can Taxpayers Who Manage Their Own Investment Portfolios Deduct Related Expenses? It Depends President Biden signed the American Rescue Plan Act. Are you eligible to receive direct payments under the new law that … Read More
July 8, 2021 IRS Audits May Be Increasing, So Be Prepared President Biden signed the American Rescue Plan Act. Are you eligible to receive direct payments under the new law that … Read More
July 1, 2021 Are You a Nonworking Spouse? You May Still Be Able to Contribute to an IRA President Biden signed the American Rescue Plan Act. Are you eligible to receive direct payments under the new law that … Read More
July 1, 2021 Here Come the Child Tax Credit Payments: What You Need to Know President Biden signed the American Rescue Plan Act. Are you eligible to receive direct payments under the new law that … Read More
