Tax Harvesting
No one likes to lose money, but the good news is that certain investment losses may be tax-deductible, so this is a good time of… Read More »Tax Harvesting
Taxes
New york state taxes and Federal taxes have different rules. Personal and Business Income Tax Preparation and Planning
More About Tax Changes
Income Tax Changes 2018 and Beyond While most taxpayers are now aware of lower federal tax brackets and other changes in the Tax Cuts and… Read More »More About Tax Changes
What is Pass-Through Income Tax
One of the highlights of the Tax Cuts and Jobs Act of 2017 is the new treatment of pass through income. What is Pass Through… Read More »What is Pass-Through Income Tax
Tax Facts
Millions faithfully file their 1040 forms each April. But some things about federal income taxes may surprise you. 093 Tax Facts 630
Steps to Take If the IRS Sends a Letter
What to do you do if the IRS send you a letter? When the IRS needs to communicate with taxpayers about details with their taxes,… Read More »Steps to Take If the IRS Sends a Letter
Estimated Tax Payments — AN OVERVIEW
Are you on track for making your estimated tax payments for the 2017 tax year? Here is what you need to know. HOW MUCH DO… Read More »Estimated Tax Payments — AN OVERVIEW
Can You Avoid Early Withdrawal Penalties from your Retirement Account?
How can you avoid Early Withdrawal Penalties? If you’re saving for retirement in a qualified plan sponsored by your employer, such as a 401(k), or… Read More »Can You Avoid Early Withdrawal Penalties from your Retirement Account?
Tuition Tax Credits
Education Tuition Tax Credits College expenses are on the rise. The College Board reports that the average cost of a college education, including room and… Read More »Tuition Tax Credits
The Home-Sale Gain Tax Exclusion
A Big TAX BREAK Who doesn’t love a tax break? The reality is that for many taxpayers, there aren’t too many tax breaks they can… Read More »The Home-Sale Gain Tax Exclusion
MANAGING TAXES on Your Retirement Savings
Managing Taxes on Your Retirement Savings The money you save and invest in your traditional individual retirement account (IRA) or 401(k) plan can compound tax deferred… Read More »MANAGING TAXES on Your Retirement Savings