For Individuals
Roth vs Traditional IRA – Which is better
Roth IRA versus Traditional IRA: Which Is Better for You? I can’t think of a more heated tax debate than this topic has been over the years. This debate is akin to the feud between the Hatfields and McCoys, the Montague and Capulets, the Union and the South, etc. Accountants tend to be split…
Read MoreRed Alert – Data Breach
Two years ago, we published this alert about the Equifax data breach and the steps you should take. Today, it’s happened again! This time it’s about 100 million Capital One credit card application’s info that may be exposed. We’ll quote an article from PC World: “On Monday night, Capital One revealed that more than 100…
Read MoreNumbers that we should remember
There are many numbers (tax rates, investment percentages, etc.) that we like for clients to remember, but as we approach Independence Day, we ought to refocus on some numbers that are just as important. Our broker friends have provided them in the video below.
Read MoreThe US national debt
Should you be paying “your fair share”
How taxes really work
Read MoreCliff notes of the new tax law
Most clients don’t really need to know all the aspects of Tax Reform. But a quick reference guide can be helpful. From the new rules on alimony to 529 plans to mortgage interest limitations to meals and entertainment and the new 20% business income deduction – here’s the tip sheet you’ll want to print and keep…
Read MoreWhere your money really goes!
I’m putting this under the category of tax humor but, arguably, it’s not that funny. There used to be a cliche that nothing has changed due to technology and that we still spend most of our income on food, clothing, and shelter. There is something that has grown faster than real estate costs or inflation. That’s the…
Read MoreGuarding your ID
Guard your ID carefully. Here are some tips.
Read MoreCharting the effects of tax reform on your return
Buckle your seat belt because the road to tax savings just got bumpier. We’ll be covering the major changes for tax year 2018 below. Existing clients can obtain a free detailed report on each area by clicking this link and referencing the phrase in the topic column in the subject line of your email.
Read MoreWhat a difference a name makes!
How you define “Real Estate Investor” and “Real Estate Dealer” can make a huge difference in your taxes. Let’s take a look at how big a difference you can make in the tax bite. Say you have a $90,000 profit on the sale of a property. • Dealer taxes could be as high as $46,017. •…
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