News & Events

Posted By  |  December 9, 2018

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2019. 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 to learn more about the filing requirements. January […]

Posted By  |  November 29, 2018

From lower tax rates to new deductions for pass-through income, the revised tax laws may mean more cash in your pocket. Here are some tax planning opportunities you can take advantage of before year-end. New Standard Deduction versus Itemized Deductions For 2018, the new standard deductions are as follows: Married couples filing jointly – $24,000 […]

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The answer is, it depends. A typical tax strategy used by homeowners to help lower their taxable income has been to pay property taxes in advance for the following year. However, due to the Tax Cuts Jobs Act (TCJA), this plan may no longer make sense. For those living in low-tax states, accelerating your expenses […]

Posted By  |  November 27, 2018

Were you born in 1968? Are you currently employed? Have you started contributing to a 401(k) plan or Savings Incentive Match Plan for Employees (SIMPLE) up to the regular annual limit? Are your itemized deductions for 2018 less due to the TCJA? If you reply “yes” to any of the questions above, then read on […]

Posted By  |  November 15, 2018

As we near the end of 2018, now is a great time to analyze the mutual fund holdings in your taxable accounts and take steps to avoid potential tax snares. Here are some helpful ideas for you to keep in mind. Understand your capital gains Capital gains are unavoidable on mutual funds by merely holding […]

Posted By  |  November 13, 2018

The Tax Cuts and Jobs Act (TCJA) has enhanced two depreciation-related breaks that are favorite year-end tax planning tools for businesses. To take advantage of these breaks, you must purchase qualifying assets and place them in service by the end of the tax year. That means there’s still time to reduce your 2018 tax liability […]

Posted By  |  November 1, 2018

A tried-and-true year-end tax strategy is to make charitable donations. As long as you itemize and your gift qualifies, you can claim a charitable deduction. But did you know that you can enjoy an additional tax benefit if you donate long-term appreciated stock instead of cash? 2 benefits from 1 gift Appreciated publicly traded stock […]

Posted By  |  October 18, 2018

By: Wendy Moulton On Wednesday, October 17, 2018, the Wall Street Journal reported that U.S. employers had more than seven million unfilled jobs. This is a record number! You don’t need to be a rocket scientist to understand that we are in a tight labor market and recruiting new talent into your organization will be […]

Posted By  |  October 6, 2018

If you’re age 70½ or older, you can make direct contributions — up to $100,000 annually — from your IRA to qualified charitable organizations without owing any income tax on the distributions. This break may be especially beneficial now because of Tax Cuts and Jobs Act (TCJA) changes that effect who can benefit from the […]

Posted By  |  September 29, 2018

For investors, fall is an excellent time to review year-to-date gains and losses. Not only can it help you assess your financial health, but it also can help you determine whether to buy or sell investments before year-end to save taxes. This year, you also need to keep in mind the impact of the Tax […]