Child Tax Credit
https://www.youtube.com/watch?v=PGKhUJ0LXAU Hello everyone, today’s vlog will cover the Child Tax Credit today. It is changed for 2021 only when the President signed the American Rescue Plan into law on March…
SECURE Act
The Setting Every Community Up for Retirement Enhancement (SECURE) Act was passed in December 2019 as part of the overall spending bill and it became effective almost immediately on January…
Tax savings after 70
https://www.youtube.com/watch?v=7O2B70S5bCw&feature=youtu.be The Congressional Joint Committee on Taxation estimates that almost 90% of taxpayers will use the standard deduction when they file their taxes this April 15thdue to the increased standard…
The Tax Implications of Selling Your Primary Residence
http://www.youtube.com/embed/tBYQt5lg8TY Whenever you’re selling property or investments that have appreciated in value, taxes are a big consideration in the timing of the sale. Selling at the wrong time can lead…
Seven Tax Credits for Low-Income Taxpayers
http://www.youtube.com/embed/HqZ38_jP618 When people discover that there are ways to reduce taxes, they often assume that those ways are geared only toward high-income taxpayers. But there are tax credits available to…
Beneficiary mistake #6: Gifting away tax benefits
https://www.youtube.com/embed/MsHqG92jAvI Many assets allow you to name a beneficiary, that is, whom you would like to receive the asset in the event of your death. Life insurance policies and retirement…
Affordable Care Act Taxation and You
The Affordable Care Act ushered in new health insurance requirements and, along with them, new tax responsibilities for many taxpayers. Below are some of the changes that could affect your…
Own investments? You may not want to file your taxes until March.
http://www.youtube.com/embed/lMDwpZPUM0c It seems like our clients tend to fall into one of two categories: There are those that are watching their mailboxes mid-January, checking for tax forms so they can…
Prepping for 2013 Tax Filing
The IRS recently announced that they’d begin processing tax returns on January 30th, 2014. If you’re not ready to meet that aggressive timeline, you can always wait until the April…
End of The Year Tax Planning
There are only a couple of weeks left in 2013. It may seem impossible —that the year has flown by too quickly— but the calendar doesn’t lie. Here are seven…
