Category: Tax Policies
School has started. As a kid, this probably filled you with more than a bit of dread. As a parent, it might be a sweeping sense of relief (Don’t worry, we’re not here to judge!). Regardless, in most schools across the country, class is back in se...
Tax legislation can be hard to understand. And with large bills, it can take quite some time for all the fine details of a bill to be parsed through by experts. Case in point: The Tax Cuts and Jobs Act of 2017. Though this $1.5 trillion tax bill was ...
Life comes at you fast. When tax season rolls around, you may be surprised to find your financial situation has completely changed. And usually, this is due to a major shift in your lifestyle, career, and family. We break down the 5 most common life ...
The rules have changed yet again for HSA contributions for 2018, as the IRS reverses a rule instated this year. Your Health Savings Account may be an essential part of your financial affairs. And the following details will help you understand how to ...
Under the new tax law, alimony payments are no longer deductible or taxable transfers. Here’s an overview of the changes and what they mean for divorced couples as well as those considering a divorce. Questions about Alimony Tax Changes What...
The IRS has made clear of the need to report offshore foreign accounts of taxpayers since 2009, with the release of the Offshore Voluntary Disclosure Program. It’s reached the point where the IRS has decided to close the program on September 28, 20...
Tax Day has come and gone. Maybe your tax return is signed, sealed, and delivered…or maybe it isn’t. Whatever your situation, we have the information you need to combat post-deadline tax issues. Read below on what your next move should be, an...
American taxpayers: A generous bunch. Each year, we give billions to charities that combat hunger, homelessness, disease, and more. On average, Americans donate 2-3% of their income, and in turn claim deductions on their tax returns for a win-win sit...
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