Category Archives: Tax Tips
Eight Tips for Deducting Charitable Contributions
Charitable contributions made to qualified organizations may help lower your tax bill. While some of [...]
Work from Home? Consider the Home Office Deduction
Now that we are in the heat of tax season I feel like I am [...]
Seven Tips About Rental Income and Expenses Many of my clients have rental properties.
I thought I would list a couple tips and general statements about rental property. You [...]
Did you take an Early Distribution from Your Retirement Plan?
This economy has been rough on many people and some taxpayers may have needed to [...]
Ten Facts about the Child Tax Credit
The Child Tax Credit is an important tax credit that may be worth as much [...]
Why Employees and Retirees may see Changes in 2011 Payments and Withholding
The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010, enacted on December [...]
Taxable or Non-Taxable Income?
Believe it or not some income you receive may not be taxable! Generally, most income [...]
Medical and Dental Expenses
Medical and Dental Expenses Many of my clients ask about deducting medical expenses. As you [...]
Tax Deductions to Avoid
When I meet with clients to strategize, I often discuss how to avoid an audit [...]
Eight Facts About Filing Status
As we start to get into tax season many of my clients want to know [...]
Six Important Facts about Dependents and Exemptions
Some tax rules affect every person who may have to file a federal income tax [...]
Going Green May Reduce Your Taxes
When you invest in energy-efficient products, you may be saving money on both your energy [...]
Ten Tips for Deducting Charitable Contributions
When preparing to file your federal tax return, don’t forget your contributions to charitable organizations. [...]
Benefits For Parents With Children
Many of my clients have children and I wanted to take a moment to outline [...]
Childcare and Taxes
I have had many of my clients ask about child care tax implications. I thought [...]
Ten Facts about Mortgage Debt Forgiveness
Unfortunately in the bad economic times some of my clients have had to get out [...]
Ramifications of Childrens Income
Being a parent with four kids and one on the way prompted me to address [...]
10 Facts About Capital Gains and Losses
Have you heard of capital gains and losses? At this time of the year capital [...]
Five Ways to Offset Education Costs
College can be very expensive. To help students and their parents, the Internal Revenue Code [...]
Ten Facts About Claiming Donations Made to Haiti
The devastation in Haiti has been horrific and I have been fielding many calls regarding [...]