Mike’s Tax Bites – Tax Law Changes
There have been many changes to the tax laws in the last several months and with the coming tax season, I thought I would spend the next several blogs [...]
There have been many changes to the tax laws in the last several months and with the coming tax season, I thought I would spend the next several blogs [...]
Late in the evening of December 20th, Congress passed the Consolidated Appropriations Act. It is anticipated that President Trump will sign this act into law shortly. The Act provides [...]
With the holidays approaching, I thought I would do a number of blogs on year-end planning as well as the potential tax changes under the new Biden administration. Today, [...]
I can’t believe we are coming up to the Memorial Day weekend. This is always a good time to pause and reflect on the sacrifices of our brave heroes [...]
We get asked this question frequently and it is an important issue….record keeping. The IRS gives very good guidance on when and why one should keep good accounting of [...]
Most of our clients have a significant portion of their wealth in IRAs and company retirement plans. There may be a benefit to moving money among different plans, each [...]
Unfortunately, tax season always brings out the scammers. IRS just issued the following advice and reminders. If you should ever receive any contact from IRS, either real or a [...]
Dear Mike; I just got back from a trip to Vegas and was lucky and had some good winnings. Are these gains taxable? Cool Hand Luke Dear Cool Hand [...]
The IRS has just released news of waiving the penalty for many taxpayers whose tax withholding and estimated tax payments fell short in 2018. The following was posted by [...]
Data thieves don’t take a break during the holidays. In fact, the IRS warns taxpayers that the agency is seeing a large increase in bogus email schemes that seek to [...]
In our ongoing series on year-end tax tips, we thought we would address Crypto-currency trading. Although the crypto craze seems to be slowing, we find many of our clients have [...]
It’s that time of year again — time to start planning to cut your taxes. Our next few articles will feature ideas we have to try and reduce your [...]