Nov 14, 2017 | Firm Updates, Individual Tax, Tax Tips
Accelerating deductible expenses, such as property tax on your home, into the current year typically is a good idea. Why? It will defer tax, which usually is beneficial. Prepaying property tax may be especially beneficial this year, because proposed tax legislation...
Nov 3, 2017 | Firm Updates, Individual Tax, Tax Tips
Many investors, especially more risk-averse ones, hold much of their portfolios in “income investments”—those that pay interest or dividends, with less emphasis on growth in value. But all income investments aren’t alike when it comes to taxes. So it is important to...
Oct 17, 2017 | Firm Updates, Individual Tax, Tax Tips
If you’re an executive or other key employee, you might be rewarded for your contributions to your company’s success with compensation such as restricted stock, stock options, or non-qualified deferred compensation (NQDC). Tax planning for these forms of “exec comp,”...
Oct 3, 2017 | Firm Updates, Individual Tax, Tax Tips
Wolters Kluwer has prepared a special report on the tax impacts of the sharing economy. The sharing, or gig, economy utilizes technology to arrange transactions that generate revenue from an individual’s assets, such as cars and homes, or services, such as...
Sep 27, 2017 | Firm Updates, Retirement Planning, Tax Tips
A tried-and-true tax-saving strategy for investors is to sell assets at a loss to offset gains that have been realized during the year. So if you’ve cashed in some big gains this year, consider looking for unrealized losses in your portfolio and selling those...
