June 23, 2023 Married and Not Earning Compensation? Consider a Spousal IRA If you’re married and don’t earn compensation, you may be eligible for a spousal IRA. Here are the rules for … Read More
June 23, 2023 Virtual Currency Lands In The IRS’s Crosshairs If you do business with virtual currency, it’s time to bone up on related tax requirements. The IRS is paying … Read More
June 20, 2023 When Can Seniors Deduct Medicare Premiums On Their Tax Returns? Seniors with Medicare insurance (including supplemental) can potentially deduct premium costs and other medical expenses on their tax return. Read More
June 15, 2023 Reduce The Impact Of The 3.8% Net Investment Income Tax High-income taxpayers may face an additional 3.8% net investment income tax. Who does the tax apply to, and how do … Read More
June 9, 2023 Benefits Of A Living Trust For Your Estate You’ve probably heard that you should avoid probate in estate planning. But what does that mean and how is it … Read More
June 2, 2023 Being a Gig Worker Comes With Tax Consequences Many people turn to “gig” work for additional income. Here are the tax consequences of taking on these jobs. Read More
May 16, 2023 Navigating Tax Implications in Retirement Don’t ignore tax planning after you retire. Here are some of the tax implications of retirement. Read More
May 10, 2023 Questions You Have After Filing Your Tax Return Even if you filed your 2022 tax return by the deadline, you may still have questions. We’re often asked about … Read More
April 28, 2023 Why You Might Want To File Early This Tax Season Why is it a good idea to file a tax return early? Here’s the answer to that and other tax … Read More
April 25, 2023 Tax News For Investors and Users of Cryptocurrency The IRS is asking more questions about cryptocurrency and digital assets and will soon be learning more information about those … Read More
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
