News & Resources

What Tax Records Can You Throw Away?

October 15 is the deadline for individual taxpayers who extended their 2019 tax returns. (The original April 15 filing deadline was extended this year to July 15 due to the COVID-19 pandemic.) If you’re finally done filing last year’s return,

Read More

What Happens If An Individual Can’t Pay Taxes

While you probably don’t have any problems paying your tax bills, you may wonder: What happens in the event you (or someone you know) can’t pay taxes on time? Here’s a look at the options. Most importantly, don’t let the

Read More

Section 266 Election for Investment Property

Individual taxpayers with investment property lost a potential tax deduction when the 2017 Tax Cuts and Jobs Act (TCJA) created a $10,000 cap on the deduction for state and local taxes paid. The individuals may want to consider a Section

Read More

Seniors: Can You Deduct Medicare Premiums?

If you’re age 65 and older, and you have basic Medicare insurance, you may need to pay additional premiums to get the level of coverage you want. The premiums can be costly, especially if you’re married and both you and

Read More

Don't Miss
an Update!

Are you ready for a customized approach?

Request a consultation