Category: Taxes
A Health Savings Account (HSA) can save you money on medical expenses such as doctor’s visits, prescriptions, and other qualified medical…
Should you hire your children to work in your business?
I want you to stop for a moment and imagine shifting some of your taxable income to a zero…
The IRS targets passports, that’s been possible for years, but the level of concern and anxiety has increased. It’s in the news again, something has…
Late tax filing is no big deal if the IRS owes you a refund. In fact, if you just plain forgot to file, the IRS might keep forgetting until you waved…
Worrying about what to bring to your tax appointment may not be worrying you as much as the fact that you haven’t already filed your taxes!
If you…
IRS mortgage insurance deduction for the 2017 tax year was one of the 30 deductions eliminated with the December signing of the Tax Cuts and Jobs Act…
ABLE savings accounts. What are they, in a nutshell? The Stephen Beck Jr., Achieving a Better Life Experience Act of 2014 provided for the creation…
The IRS regulations on S corp carried interests are up in the air after the IRS’s March 1, 2018, announcement that S corporations are subject to the…
The new 2017 tax laws went into effect the beginning of 2018 and could destroy long-range personal retirement and investment tax planning when this…
The Mortgage Forgiveness Debt Relief Act Extended for 2017
This update is great news! The mortgage forgiveness debt exemption has been extended for…