Latest From the Blog
Tax Tip of the Week | No. 454 | New Tax Law (TCJA) - How It Will Affect Alimony Payments
These new changes take effect for divorces and legal separations after 2018.
Tax Tip of the Week | No. 453 | How Are Social Security Benefits Taxed?
Your social security benefits are subject to federal income tax.
Tax Tip of the Week | No. 452 | New Tax Law - The Common Misconceptions (That Can Get You Into Big Trouble)
Don't just read the headlines.
Tax Tip of the Week | No. 451 | Tax Considerations of a Reverse Mortgage
Reverse mortgages constitute a loan advance, they are not considered taxable income.
Tax Tip of the Week | No. 450 | Tax Basis of Inherited Property
Your tax basis has a direct impact on your gain or loss.
Tax Tip of the Week | No. 449 | New Tax Law (TCJA) Restricts Like-Kind Exchange Rules for Non-Real Estate Property (Ouch!)
For those exchanges completed after Dec. 31, 2017, the TCJA limits tax-free exchanges to exchanges of real property that is not held primarily for sale.