Charitable Contributions Guide for 2018

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Charitable Contributions Guide for 2018

Charitable Contributions Guide for 2018

Qualified charitable organizations include nonprofit groups that are religious, charitable, educational, scientific, or literary in purpose, or that work to prevent cruelty to children or animals.  Find out more by clicking on the “Download Article” button.

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Charitable Contributions Noncash FMV Guide for 2018

Charitable Noncash FMV Guide for 2018

FMV – stands for Fair Market Value – check out our 2018 FMV Guide so you aren’t wondering what is an acceptable valuation for donated items as you prepare for your 2018 Taxes.  Learn more by clicking on the “Download Article” button.

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Tax Cuts and Jobs Act of 2017 – New 2018 Tax Law

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Tax Cuts and Jobs Act of 2017 - New 2018 Tax Law

Tax Cuts and Jobs Act of 2017 – New 2018 Tax Law

The new tax law, commonly called the “Tax Cuts and Jobs Act”, is the biggest federal tax law change in over 30 years.  Below are some significant changes affecting individuals and businesses.

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Saving for College in 2018

 

Saving for College in 2018

It’s August and everyone is going back to school – and you are thinking I wish I’d saved more for college expenses.

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Life Changes & their Impact on Taxes

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Cancellation of Debt - Insolvency

Cancellation of Debt – Insolvency

Taxpayers with cancelled debt can often exclude the cancellation of debt income to the extent that they were insolvent immediately before cancellation.  We discuss the cancellation of debt in this article. Find out more about what qualifies and doesn’t qualify by clicking on the Download Article link below.

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Divorce and Taxes

Divorce and Taxes

Recently divorced?  We cover the Tax implications of Divorce in this article.  Find out answers to your questions by clicking on the “Download Article” button below.

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Hobby vs Business

Hobby vs. Business

If your business engages in an activity that is not conducted as a for-profit business, deductions are limited to the amount of income from the activity.  Learn More by clicking on the “Download Article” button below .

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Real Estate Professionals

Real Estate Professionals

A taxpayer who spends significant time in activities related to real estate may qualify as a “Real Estate Professional”.  Learn More about the specific rules that apply to determine your status as a Real Estate Professional by clicking on the “Download Article” button below.

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