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Tax planning

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...

It’s Time to Think about Today’s Favorable Gift and Estate Tax Rules

The Tax Cuts and Jobs Act (TCJA) dramatically increased the unified federal gift and estate tax...

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...

Business Owners: Failure to Substantiate Donations Can Be Costly

Charitable donations can provide businesses with significant tax savings. But for gifts over a...

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...

What Can Your Small Business Do Now to Lower Taxes for 2024?

Summer is a good time to take stock of how your small business is doing this year and consider...

7 Midyear Tax Planning Tips for Individuals

Summer is a good time to reflect on tax planning moves that could lower this year's tax bill. It...

Set up a Tax-Favored ABLE Account for a Family Member with a Disability

Today, most states offer programs that allow you to establish a tax-favored account to cover the...

Planning for Taxable Gains and Losses

What's the difference between capital gains and losses and ordinary gains and losses? The...