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Personal Tax

Decoding Your Taxes: A Glossary of Tax Terms You May Need to Know

Navigating the maze of federal taxes can be daunting. Many tax terms are confusing, whether you're...

Tips to Minimize the Kiddie Tax

The "kiddie tax" prevents parents from shifting income-producing assets to children to take...

IRS Targets Certain Conservation Easements

Conservation easements can be an effective way for wealthy taxpayers to achieve their philanthropic...

Possible Expiration of Key TCJA Provisions Could Affect Individual Taxpayers

The Tax Cuts and Jobs Act (TCJA) made sweeping changes to the federal tax rules for individual...

Which TCJA Changes for Individuals Are Permanent under Current Tax Law?

The landmark Tax Cuts and Jobs Act (TCJA)was passed in late 2017, but the law is still in the...

Seniors: You Might Not Want to Sell that Highly Appreciated Home

In recent years, the residential real estate markets in many areas have surged. That means there...

Top 10 Tax Breaks to Consider on Extended Returns

If you requested an extensionfor your 2023 federal income tax return, you have until six months...

Computing Tax Basis Counts when Selling a Highly Appreciated Home

Residential real estate prices in many markets have surged over the last few years. As a homeowner,...

How to Manage Taxes in Retirement

You're planning and saving money for a financially secure retirement. Good for you! But don't...

Beware of the Potential Tax Bill When Selling Your Home

Prices in many residential real estate markets have surged over the last few years. As a result,...