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Tax Treatment of Reverse Mortgages

Published on January 6, 2022

With inflation on the rise and medical care costs escalating, what options do seniors have…

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2022 Standard Mileage Rates Announcement

Published on January 6, 2022

As it does every year, the Internal Revenue Service recently announced the inflation-adjusted 2022 optional…

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Tax-Free Gifting

Published on December 10, 2021

If you are fortunate enough to have an estate large enough to be subject to…

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Retroactive Termination of The Employee Retention Credit

Published on November 20, 2021

If you claimed the employee retention credit (ERC) in the fourth quarter of 2021, you…

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Tax Savings Ideas

10 – 2021 Tax Planning Strategies to Consider Before Year-End

Published on November 17, 2021

It seems hard to believe, but the holiday season is almost here and that means…

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Biden Administration Backs Off On Proposed Bank Transaction Threshold

Published on November 4, 2021

Article Highlights: Tax Compliance Hard-to-Trace Income Sources Two-Tiered Compliance Bank Transaction Reporting Threshold Tax-compliance rates…

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Live Updates: The Latest News for Taxpayers and Small Business Owners

Published on October 16, 2021

With the news coming faster and faster every day, we wanted to help our tax…

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Are you a candidate for bunching?

Published on October 16, 2021

Article Highlights: Standard Deductions Itemized Deductions Bunching Strategy Medical Expenses Taxes Charitable Contributions The changes…

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Mid-Year Tax Planning Checklist

Published on October 8, 2021

Article Highlights: End of Year Tax Planning Avoiding Unpleasant Surprises Events That Have Tax Consequences…

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Education Credits are for Children? Think again!

Published on September 1, 2021

If you think that education credits are just for sending your children to college, think…

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