News & Events

Posted By  |  July 19, 2017

Tax Planning = Tax Saving Tax reform has been a major topic of discussion in Washington, but it’s still unclear exactly what such legislation will include and whether it will be signed into law this year. However, the last major tax legislation that was signed into law — back in December of 2015 — still has […]

Posted By  |  July 18, 2017

Which business entity are you?

Posted By  |  July 11, 2017

Now that we’ve hit midsummer, if you own a vacation home that you both rent out and use personally, it’s a good time to review the potential tax consequences: If you rent it out for less than 15 days: You don’t have to report the income. But expenses associated with the rental (such as advertising […]

Posted By  |  July 5, 2017

Why you should be tax planning now You may be tempted to forget all about taxes during summertime, when “the livin’ is easy,” as the Gershwin song goes. But if you start your tax planning now, you may avoid an unpleasant tax surprise when you file next year. Summer is also a good time to […]

Posted By  |  June 27, 2017

Summer is a popular time to move, whether it’s so the kids don’t have to change schools mid-school-year, to avoid having to move in bad weather or simply because it can be an easier time to sell a home. Unfortunately, moving can be expensive. The good news is that you might be eligible for a […]

Posted By  |  June 20, 2017

Does your business know about these key deadlines? Here are some of the tax-related key  deadlines affecting businesses and other employers during the third quarter of 2017. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and […]

Posted By  |  June 13, 2017

Selling investments? The tax consequences of the sale of an investment, as well as your net return, can be affected by a variety of factors. You’ve probably focused on factors such as: how much you paid for the investment vs. how much you’re selling it for, whether you held the investment long-term (more than 1 […]

Posted By  |  June 6, 2017

Coverdell ESAs With school letting out you might be focused on summer plans for your children (or grandchildren). But the end of the school year is also a good time to think about Coverdell Education Savings Accounts (ESAs) — especially if the children are in grade school or younger. One major advantage of ESAs over […]

Posted By  |  June 5, 2017

All charitable donations aren’t created equal — some provide larger tax deductions than others. And it isn’t necessarily just how much or even what you donate that matters. How the charity uses your donation might also affect your deduction. Take vehicle donations, for example. If you donate your vehicle, the value of your deduction can […]

Posted By  |  May 24, 2017

If you recently filed your 2016 income tax return (rather than filing for an extension) you may now be wondering whether it’s likely that your business could be audited by the IRS based on your filing. Here’s what every business owner should know about the process of IRS audits. Catching the IRS’s eye- red flags […]