Dec 7, 2018 | Firm Updates, Individual Tax, Tax Tips
Year-end is a great time to think about organizing your documents and getting your records ready for the upcoming tax season. There are some items that you will need to keep and record throughout the year to supplement the records you will receive after year-end....
Nov 20, 2018 | Firm Updates, Tax Tips
The end of the year is a great time to consider making a charitable contribution in support of the causes you care about. Here are some tax considerations to keep in mind when making your donations. Timing of Charitable Contributions Charitable contributions are...
Nov 14, 2018 | Firm Updates, Individual Tax, Tax Tips
As we approach the end of 2018, it’s a good idea to review the mutual fund holdings in your taxable accounts and take steps to avoid potential tax traps. Here are some tips: Avoid surprise capital gains Unlike with stocks, you cannot avoid capital gains on mutual...
Nov 6, 2018 | Firm Updates, Small Business, Tax Tips
The Tax Cuts and Jobs Act (TCJA) has enhanced two depreciation-related breaks that are popular year-end tax planning tools for businesses. To take advantage of these breaks, you must purchase qualifying assets and place them in service by the end of the tax year. That...
Nov 1, 2018 | Firm Updates, Individual Tax, Tax Tips
A tried-and-true year-end tax strategy is to make charitable donations. As long as you itemize and your gift qualifies, you can claim a charitable deduction. But did you know that you can enjoy an additional tax benefit if you donate long-term appreciated stock...