Questions from our clients on the new tax law
The following questions are ones that we get asked every week at this time of year. Below are the answers that factor in the new tax law that will affect the 2018 returns. Will I be able to save on taxes if I prepay my January 2019 mortgage bill before the end of the year in…
Read MoreFrom SCA to you
From SCA to you
Read MoreTax Reform in picture format
What happens when the heirs lose the Will?
What happens when you know there’s a will but no one can find it? Our thanks to attorney Ira Leff’s tax blog (we’ve included a download link at the bottom) for the information below. Here’s one family’s course of action when unable to produce the will of a widow with no children. For more estate and asset…
Read MoreIRS Amnesty Program ends September 28!
Warning- IRS penalty forgiveness for foreign bank accounts is about to expire! Although most clients are aware that earnings from a foreign bank account are reportable on a US citizen’s tax return they may not realize the danger of non-disclosure of foreign accounts – even if they produce no income! The various penalties run the gamut from 10,000…
Read MoreA Tax Court decision you’re going to hate
Joint filing can save a lot of tax -except when it makes you guilty of your spouse’s fraud!
Read MoreTax Reform in a Picture Format
Educators tell us that we retain knowledge better when it’s associated with pictures. We’ve taken our Top Ten Items of Tax Reform for this week and created an infographic to help you better remember areas for 2018 tax planning. To discuss the specific impact on your own return, just email us for a projection of your…
Read MoreHiring your child in your business
How it pays to keep it all in the family!
Read MoreWorld Cup & Tax Rates
With all the tension of the world cup this weekend – a little tax humor might help.
Read MoreWhat did the IRS get from the 1.3 trillion Omnibus Bill?
What IRS got from the new spending bill
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