Most Overlooked Tax Deduction
If you are a beneficiary of an estate, don’t overlook the income in respect of a decedent tax deduction. Learn more in this week’s Tax Tip.
Taxes — A Balance Between Security and Convenience
Thieves have claimed more than $30 billion in fraudulent tax refunds. Bil Lako, CFP®, explains in today’s Marietta Daily Journal. Read the Article
Tax Implications of Paying or Receiving Alimony
Alimony payments are usually taxable for the recipient and deductible for the payer. Learn more in this week’s Tax Tip.
Taxes—A Balance Between Security and Convenience
Our experts discuss the problems that arise when someone else has already filed a fraudulent return and claimed a refund using your Social Security number.
Big Business Write-Offs Available
The PATH Act extended bonus depreciation and made the Section 179 deduction’s higher expensing amount permanent. Read more in this week’s Business Tip.
Are You Caring for a Disabled Family Member?
If you receive Medicaid waiver payments for caring for an individual, these payments may not be taxable as income. Learn more in this week’s Insurance Tip.
Was Your Refund Too High or Did You Owe Taxes? You Probably Need to Adjust Your W-4
Outsized refund or huge tax bill? Adjusting your W-4 may help eliminate surprises next tax season. We explain in this week’s Tax Tip.
Taxable vs. Nontaxable Income: Members of the Armed Forces
For members of the U.S. Armed Forces, not all of your pay may be subject to income tax. Read more in this week’s Tax Tip.
Understanding the Fine Points of Capital Gains and Losses
Capital gains and losses don’t just apply to stocks. The rules also vary depending on the type of property the asset is. Read all about it in this week’s Tax Tip.
Don’t Have a Retirement Plan? Maybe a SEP Is the Answer
Just finished your business’s books for 2015? You have up to the due date of your business tax return to establish a SEP. Learn more in this week’s Business Tip.