Blog entries discussing Personal Taxes
Many of the tax changes affecting individuals and businesses for 2016 were related to the Protecting Americans from Tax Hikes Act of 2015 (PATH) that modified or made permanent Continue reading 2016 Individual Tax Provisions
Certain energy-efficient home improvements can cut your energy bills and save you money at tax time; however, these energy-related tax credits expire at the end of 2016. Here are some key Continue reading Energy Tax Credits Expiring Now
Year-End Individual Tax Planning
Tax planning strategies for individuals this year include postponing income and accelerating deductions, as well as careful consideration Continue reading Year-End Individual Tax Planning
Now is a great time to clean out that growing mountain of financial papers and tax documents that clutter your home and office. Here’s what you need to keep and what you Continue reading Tax Record Retention; Toss When
If you contribute property to a qualified organization, the amount of your charitable contribution is generally the fair market value of the property at the time Continue reading Charitable Contributions of Property
More than 52 percent of businesses today are home-based. Every day, people are striking out and achieving economic and creative independence by turning their skills Continue reading The Home-Based Business: Basics to Consider
If you use part of your home for business, you may be able to deduct expenses for the business use of your home, provided you meet certain IRS requirements. Continue reading Home Office Deduction; Qualify?
Identity Theft and Your Taxes Tax-related identity theft occurs when someone uses your stolen Social Security number to file a tax return claiming a fraudulent refund. It presents challenges Continue reading Identity Theft and Your Taxes
If you are living or working outside the United States, you generally must file and pay your tax in the same way as people living in the U.S. This includes people with dual Continue reading Taxpayers with Foreign Income
Tax Impacts of Retiring Overseas
Are you approaching retirement age and wondering where you can retire to make your retirement nest egg last longer? Retiring abroad may be the answer. But first, it’s important to look at Continue reading Tax Impacts of Retiring Overseas