May 1, 2025 | Business Consulting, Personal Tax, Tax Planning
*Note: There have been no official changes to the tax law at the time of this posting. As you may be aware, the provisions of the 2017 Tax Cuts and Jobs Act (TCJA) are due to sunset on December 31, 2025, unless extended by new legislation. Please be aware that any...
Nov 25, 2024 | Personal Tax, Tax Planning
If you’re concerned about a potential April tax liability, it might make more sense than ever to do some tax planning before the year ends. Also, we strongly encourage you to reach out to us if you’ve experienced any of the following major life events this year:...
Nov 20, 2024 | Tax Planning
With President-elect Donald Trump winning a second term in the November 5 election, we have a clearer picture of what tax policies will be at the forefront of discussions as we head into 2025 and the scheduled expiration of many Tax Cuts and Jobs Act (TCJA)...
Oct 21, 2024 | Tax Planning
If you have experienced a major life event, for instance retirement, marriage, divorce, birth of a child, change in personal or business income, sale of property, etc., contact us to identify time-sensitive tax-savings opportunities for 2024 and perhaps 2025, as well....
Dec 16, 2023 | Personal Tax, Tax Planning
IRA owners, age 70 ½ or older, are eligible to transfer up to $100,000 tax-free directly to the charity of their choice. Each year, an IRA owner, age 70½ or over when the distribution is made, can exclude from gross income up to $100,000 of these qualified charitable...
