Tax Tips: Obamacare hits tax returns …
The Obamacare mandates become effective on our 2014 tax returns.
The Affordable Care Act (Obamacare) requires that you have health coverage that meets the law’s...
Tax Tips: People get ready, tax season’s a comin’ …
About this time of year, we begin to collect all the information we will need to properly file our income tax returns. Since it’s...
Tax Tips: Survivor — tax audit island episode …
When taxpayers receive a tax audit notice, they often feel as if they are stranded on a hostile island and danger awaits. If their...
Tax Tips: Charitable contributions …
Americans are the most charitable people in the world, as evidenced by records of our annual charitable giving. Congress has been very generous in...
Tax Tips: Self-employed retirement savings plans …
Saving for retirement has never been more important. The Social Security system is being placed under increasing strain as people live longer and the...
Tax Tips: Foreign asset reporting – watch out
Several filing requirements can apply when you own or are a beneficiary of foreign financial assets. These forms report on the specific assets themselves...
Tax Tips: Are all payments received income?
I often get questions as to whether payments a client has received are taxable and the answers are often surprising.
Many taxpayers are receiving Form...
Tax Tips: Beating the taxman in retirement
While you are working, the taxman has you at his mercy. You can take advantage of tax-deferred accounts and pension plans but after that...
Tax Tips: People get ready, tax season’s a comin’
About this time of year, we begin to collect all the information we will need to properly file our income tax returns. Since it’s...
Tax Tips: Capital gains and losses
Capital gains and losses are areas that offer great tax planning opportunities, since in many situations, you control when the gains and losses will...