by Admin | Sep 9, 2019 | Individual Taxes
It’s possible that someone in your family will need assisted living care at some point in their life. This care can be at an assisted living facility, a nursing home, or in their own home. Often, assisted living care is expensive and not fully reimbursable by...
by Admin | Aug 30, 2019 | Individual Taxes
Does your child, grandchild, or someone else you know need a place to live while attending college? Instead of renting a dorm or apartment, buying a condo or small house might make more sense. This can save money and provide tax breaks, but you need to do the math and...
by Admin | Aug 23, 2019 | Individual Taxes
Suppose you own property you intend to transfer to your loved ones. Perhaps you are considering giving your children an ownership interest in your principal residence. Before you act, you should review the tax consequences of your decision. Specifically, tax law...
by Admin | Jul 11, 2019 | Individual Taxes
When it comes to the perception of the IRS audits, conjecture reigns supreme. The combination of the complex tax code and a government agency with the full authority to enforce it leads to some pretty wild ideas. Separating truth from fiction is an...
by Admin | Jul 2, 2019 | Individual Taxes
Summer is usually the time for relaxing, but it can also be a time for tax savings, especially if you’re still reeling from an unexpectedly large tax bill in April. Here are four timely tips: Rent your home. If you rent out your main home or a vacation...
by Admin | Jun 14, 2019 | Individual Taxes
Your kids are getting older. Before you know it they’ll be dating, driving and entering college (if they aren’t already). Tax breaks drop dramatically as your children grow up, but you may be able to offset the losses with some timely tax planning. ...