Ensure Your Contribution Goes to a Legitimate Organization
- September 9, 2020
Every year, Americans donate millions of dollars to various charities. When making these donations, it is important that every donation be...
Long-Term Care Expenses: What Can You Deduct?
- August 6, 2020
Written by Olivia Cole Long-Term Care Expenses: What Can You Deduct? As we age, our families are often burdened with the...
Required Minimum Distributions (RMDS) Changes in 2020
- August 3, 2020
Written by Jennifer Cochran The Cares Act includes several measures designed to stimulate the economy. One provision allows retirees to forgo...
How do I net capital gains and losses for year end tax planning?
- July 28, 2020
Written by Jennifer Cochran With the extended July 15th tax deadline past us, now is a great time to think about...
Taxing Issues Related to Cryptocurrency
- January 30, 2020
Written by Jay Logal The IRS has made cryptocurrency (bitcoin) a hot button topic. They recognize that taxpayers are not reporting...
Safe Harbor for Rental Real Estate Update
- November 19, 2019
The new tax law effective for the 2018 tax year provides a new income tax deduction for business income earned from...
Depreciation Update for 2019
- November 11, 2019
Depreciation is a great way to reduce your taxable income. With 100% bonus and section 179 you can eliminate most or...
Tax Reform: Three Provisions That Could Affect Borrowers
- May 20, 2019
Most of the changes enacted by the Tax Cuts and Jobs Act took effect in tax year 2018. So the current tax-filing season is...
Are you fiscally fit? Six tips for healthy finances in 2019
- March 7, 2019
written by Melinda Thurman Whether it’s to exercise more, lose weight or eat better, the most common New Year’s resolutions center...