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...
Sep 19, 2017 | Firm Updates, Retirement Planning, Tax Tips
One important step to both reducing taxes and saving for retirement is to contribute to a tax-advantaged retirement plan. If your employer offers a 401(k) plan, contributing to that is likely your best first step. If you are not already contributing the maximum...
Sep 6, 2017 | Firm Updates, Tax Tips
Charitable giving allows you to help an organization you care about and, in most cases, enjoy a valuable income tax deduction. If you are considering a large gift, a non-cash donation such as appreciated real estate can provide additional benefits. For example, if...
Jul 11, 2017 | Firm Updates, Tax Tips
Now that we’ve hit midsummer, if you own a vacation home that you both rent out and use personally, it’s a good time to review the potential tax consequences. If you rent it out for less than 15 days: You do not have to report the income. But expenses associated with...
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...
