Jul 26, 2017 | Firm Updates, Individual Tax
In the quest to reduce your tax bill, year-end planning can only go so far. Tax-saving strategies take time to implement, so review your options now. Here are three strategies that can be more effective if you begin executing them midyear: 1. Consider your bracket The...
Jul 5, 2017 | Firm Updates, Individual Tax, Tax Tips
You may be tempted to forget all about taxes during summertime, when “the livin’ is easy,” as the Gershwin song goes. But if you start your tax planning now, you may avoid an unpleasant tax surprise when you file next year. Summer is also a good time to set up a...
Jun 27, 2017 | Firm Updates, Individual Tax, Tax Tips
Summer is a popular time to move, whether it’s so the kids do not have to change schools mid-school-year, to avoid having to move in bad weather, or simply because it can be an easier time to sell a home. Unfortunately, moving can be expensive. The good news is that...
Jun 13, 2017 | Firm Updates, Individual Tax
The tax consequences of the sale of an investment, as well as your net return, can be affected by a variety of factors. You’re probably focused on factors such as how much you paid for the investment vs. how much you’re selling it for, whether you held the investment...
Jun 9, 2017 | Firm Updates, Individual Tax, Tax Tips
The Internal Revenue Service (IRS) continues to see an increase in collection scams in which scammers contact taxpayers and demand immediate payment for “taxes owed.” Here are some tips to help you determine if the person contacting you is truly an IRS employee: In...
Jun 7, 2017 | Firm Updates, Individual Tax, Small Business
Do you provide car rides through a mobile app, rent out your spare room using an online platform or repair computers for local businesses on demand? If so, you may be considered part of the “sharing economy” (also known as the Gig or on-demand economy)....