How To Get Two Tax Benefits From One Donation: Give Appreciated Stock Instead Of Cash

Posted on October 4, 2016

If you’re charitably inclined, making donations is probably one of your key year-end tax planning strategies. But if you typically give cash, you may want to consider another option that provides not just one but two tax benefits: Donating long-term … Continue reading →

Stock Market Volatility Can Cut Tax On A Roth IRA Conversion

Posted on June 1, 2016

This year’s stock market volatility can be unnerving, but if you have a traditional IRA, this volatility may provide a valuable opportunity: It can allow you to convert your traditional IRA to a Roth IRA at a lower tax cost. … Continue reading →

Putting Your Home On The Market? Understand The Tax Consequences Of A Sale

Posted on May 18, 2016

As the school year draws to a close and the days lengthen, you may be one of the many homeowners who are getting ready to put their home on the market. After all, in many locales, summer is the best … Continue reading →

Deduct Home Office Expenses — If You’re Eligible

Posted on February 9, 2016

Today it’s becoming more common to work from home. But just because you have a home office space doesn’t mean you can deduct expenses associated with it. Eligibility requirements If you’re an employee, your use of your home office must … Continue reading →

Congress Passes “Extenders” Legislation Reviving Expired Tax Breaks For 2015

Posted on December 24, 2015

Many valuable tax breaks expired December 31, 2014. For them to be available for 2015, Congress had to pass legislation extending them — which it now has done, with the Protecting Americans from Tax Hikes Act of 2015 (PATH Act), … Continue reading →

7 Last-Minute Tax-Saving Tips

Posted on December 14, 2015

The year is quickly drawing to a close, but there’s still time to take steps to reduce your 2015 tax liability — you just must act by December 31: Pay your 2015 property tax bill that’s due in early 2016. Make … Continue reading →

PTO Contribution Arrangements Can Help Prevent The Year-End Vacation-Time Scramble

Posted on November 25, 2015

From the Thanksgiving kick-off of the holiday season through December 31, many businesses find themselves short-staffed as employees take time off to spend with family and friends. But if you limit how many vacation days employees can roll over to … Continue reading →

Reduce Taxes On Your Investments With These Year-End Strategies

Posted on November 19, 2015

While tax consequences should never drive investment decisions, it’s critical that they be considered — especially by higher-income taxpayers, who may be facing the 39.6% short-term capital gains rate, the 20% long-term capital gains rate and the 3.8% net investment income … Continue reading →

2015 Q4 Client Tax Letter

Posted on October 26, 2015

2015 Q4 Client Tax Letter

Your Executive Compensation Could Be Subject To The 0.9% Additional Medicare Tax Or The 3.8% NIIT

Posted on October 13, 2015

The additional Medicare tax and net investment income tax (NIIT) apply when certain income exceeds the applicable threshold: $250,000 for married filing jointly, $125,000 for married filing separately, and $200,000 for other taxpayers. The following types of executive compensation could … Continue reading →