June 6, 2024 Foreign Assets in Your Estate Plan: Key Considerations Owning foreign assets can pose specific problems in an estate plan without proper attention. Read More
June 5, 2024 Understanding Reverse Mortgages: A Tax-Saving Solution for Older Homeowners If you’re 62 or older and own a highly appreciated house, a reverse mortgage may provide a way to stay … Read More
June 5, 2024 Caring for an Elderly Relative? You May Be Entitled to Tax Breaks If you’re caring for an elderly relative, you may be entitled to some tax breaks. Here are four of them. Read More
June 3, 2024 A Three-Step Strategy To Save Tax When Selling Appreciated Vacant Land If you’re fortunate enough to own vacant land that has appreciated greatly, you may want to sell it. But how … Read More
May 15, 2024 When Do Valuable Gifts To Charity Require An Appraisal? If you donate valuable assets to charity and don’t follow certain requirements, the charitable tax deduction may be denied. Here … Read More
May 15, 2024 Pay Attention To Tax Rules If You Turn A Hobby Into A Business There are a number of different hobbies that some taxpayers turn into businesses. Here’s how they can protect tax breaks … Read More
May 2, 2024 Taxes When You Sell An Appreciated Vacation Home If you own a vacation home, perhaps you’re ready to sell it. What are the tax implications? Here are the … Read More
April 24, 2024 Watch Out for “Income In Respect Of A Decedent” Issues Property you inherit generally isn’t included in income for tax purposes. However, there are certain items that may have to … Read More
April 22, 2024 The Pros And Cons Of Turning Your Home Into A Rental Home selling (and buying) season is heating up. At the same time, rents are high in many parts of the … Read More
April 11, 2024 Keep These 3 Issues In Mind After You File Your Return Once your 2023 tax return has been filed, you can breathe a sigh of relief. But there still may be … Read More
April 4, 2024 Tax Deadline: File For An Extension If You’re Not Ready The April 15 tax deadline is approaching, but what if you’re not ready to file? There are some simple steps … Read More
March 27, 2024 Update On Retirement Account Required Minimum Distributions The SECURE 2.0 law includes good news about required minimum distributions from tax-favored retirement accounts. But an earlier law contained … Read More
