by Brian Hare, CPA, CGMA | Jun 9, 2021 | Tax
If you are retiring soon, you maybe beginning experience changes in your lifestyle and income sources that may have numerous tax implications. Here’s a brief rundown of four tax and financial issues you may deal with when you are retiring: Taking required minimum...
by Janet Kanan, EA | May 31, 2019 | Tax
Due to the massive changes in the Tax Cuts and Jobs Act (TCJA), the 2019 filing season resulted in surprises. Some filers who have gotten a refund in past years wound up owing money. The IRS reports that the number of refunds paid this year is down from last year —...
by Brian Hare, CPA, CGMA | Mar 5, 2019 | Business, Tax
Incentive stock options (ISOs) are a popular form of compensation for executives and other employees of corporations. They allow you to buy company stock in the future at a fixed price equal to or greater than the stock’s fair market value on the ISO grant date. If...
by Brian Hare, CPA, CGMA | Nov 6, 2018 | Estate Planning, Tax
For investors, fall is a good time to review year-to-date gains and losses. Not only can it help you assess your financial health, but it also can help you determine whether to buy or sell investments before year end to save taxes. This year, you also need to keep in...
by Paula Kennedy, EA | Aug 28, 2018 | Tax
With its many changes to individual tax rates, brackets and breaks, the Tax Cuts and Jobs Act (TCJA) means taxpayers need to revisit their tax planning strategies. Certain strategies that were once tried-and-true will no longer save or defer tax. But there are some...
