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So far admin has created 174 blog entries.

Save With Home-Related Tax Deductions and Exclusions

By |April 4th, 2017|

Home ownership comes with many tax-saving opportunities to consider when filing your 2016 return or tax planning for 2017, such as property tax, mortgage interest, home-equity-debt interest and home office deductions and rental income and home-sale gain exclusions. Learn more in this blog post.

Key 2017 Tax Deadlines in Q2 for Businesses and Other Employers

By |March 28th, 2017|

Don't miss the tax deadlines that you need to meet! This blog post lists a few key ones for businesses and other employers during the second quarter of 2017 to help you stay on top of things.

Playing Defense as Stock Prices Soar – March 2017

By |March 23rd, 2017|

As of this writing, major U.S. stock market indexes are at or near record highs. This bullish run might continue...or it might end with a severe slide. Here are some strategies to consider. March 2017|Categories: Newsletters Download

Who Can — And Who Should — Take the American Opportunity Tax Credit?

By |March 21st, 2017|

Who can take the American Opportunity tax credit? If you have a child in college, you may be eligible to claim the credit (up to $2,500) on your 2016 income tax return. Learn more about whether you qualify in this blog post.

2016 IRA Contributions — It’s Not Too Late!

By |March 14th, 2017|

There’s still time to make 2016 IRA contributions: The deadline is April 18. If the contribution is deductible, it will lower your 2016 tax bill. But even if it isn’t, a 2016 contribution is likely a good idea. Learn more in this blog post.

When an Elderly Parent Might Qualify as Your Adult Dependent

By |March 7th, 2017|

Are you supporting an elderly parent? You might qualify for the adult dependent exemption, which allows a deduction of up to $4,050 per adult dependent claimed on your 2016 tax return. Learn more about this exemption in our latest blog post.

Tangible Property Repair Safe Harbors Help Maximize Deductions

By |February 28th, 2017|

If last year your business made repairs to tangible property, such as buildings, equipment or vehicles, you may be eligible for a valuable deduction on your 2016 income tax return. But make sure they were truly “repairs,” and not actually “improvements,” which must be depreciated over a period of years. Learn more.

Take All The Mileage Deductions You’re Entitled To – But Not More

By |February 21st, 2017|

You probably know that miles driven for business can be deductible. But did you know you may be able to deduct miles driven for other purposes? Rather than keeping track of the actual cost of operating a vehicle, you can use a standard mileage rate. Learn more in this blog post.

After-Tax Dollars in Traditional IRAs – February 2017

By |February 16th, 2017|

Workers under age 70½ can deduct contributions to a traditional IRA, as long as they are not covered by an employer’s retirement plan. The same is true for those workers’ spouses. February 2017|Categories: Newsletters Download

Do You Need to File a 2016 Gift Tax Return by April 18?

By |February 14th, 2017|

Do you need to file a 2016 gift tax return by April 18? The answer depends on the situation, type of gift, and value of the gift. Learn more about requirements and deadlines in our blog post.