If you’ve put your home on the market, you need to know the tax consequences of a sale… Summer is a common time to put a home on the market. If you’re among those who are following this… More on this story
Who’s subject to the 50% limit on meal and entertainment deductions? In general, when meal and entertainment expenses are incurred in the context of an employer-employee or customer–independent contractor relationship, one… More on this story
Four Estate-Planning Documents Everyone Should Have Plans Aren’t Just About Inheritances and Tax Shelters By TOM LAURICELLA April 20, 2014 There’s no time like the present… More on this story
United Way and Holbrook & Manter Partner to host seminar for charitable groups There are over 1.4 million non-profit organizations in the United States. That number does not include churches and other religious… More on this story
Site Unseen: More ‘Angels’ Invest via Internet Site Unseen: More ‘Angels’ Invest via Internet Risks Abound, but Investors Search for Promising Startups By SARAH E. NEEDLEMAN and… More on this story
What to do with your old retirement plan when you change jobs… First and foremost, don’t take a lump-sum distribution from your old employer’s retirement plan. It generally will be taxable and,… More on this story
3 tax traps when donating real estate to charity… If you’re considering donating a property to charity, here are three potential tax traps you need to be aware of:… More on this story
Employers: Have you amended your FSA plan? Health care Flexible Spending Accounts (FSAs) allow employees to redirect pretax income to an employer-sponsored plan that pays, or reimburses… More on this story
Don’t inadvertently miss filing deadlines… If you still file a paper return, it’s important to know the IRS’s “timely mailed = timely filed” rule: If… More on this story
Can I claim my elderly parent as a dependent? For you to deduct up to $3,900 on your 2013 tax return under the adult-dependent exemption, in most cases the… More on this story