Archive

30Apr2018

Don’t Toss Those Tax Records Yet!

    Article Highlights: Reasons to Keep Records Statute of Limitations Maintaining Record of Asset Basis Even though the 2017 tax due date has come and gone, and even though you have filed your 2017 tax return, you may still need to keep your 2017 tax records. Generally, tax records are retained for two reasons:
  • 30 Apr, 2018
  • Jacqueline Cran
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26Apr2018

Tax Reform Changes How Alimony is Treated

    Article Highlights: What Is Alimony? Decrees before 2019 Decrees after 2018 Note: This is one of a series of articles explaining how the various tax changes in the GOP’s Tax Cuts & Jobs Act (referred to as “the Act” in this article), which passed in late December of 2017, could affect you and
  • 26 Apr, 2018
  • Jacqueline Cran
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23Apr2018

You May Not Get a Tax Refund Next Year

    Article Highlights: Payroll Withholding W-4 There are serious concerns that the reduction in withholding, although providing more take-home pay now, could end up resulting in unexpected taxes due at tax time next year. For that reason, taxpayers should be overly cautious about their payroll withholding for 2018. One need only look at the
  • 23 Apr, 2018
  • Jacqueline Cran
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05Apr2018

Personal Casualty Losses Axed by the New Tax Law

    Article Highlights:   Casualty Losses Deduction Suspension Disaster Related Casualty Losses Insurance Coverage Note: The is one of a series of articles explaining how the various tax changes in the GOP’s Tax Cuts & Jobs Act (referred to as “the Act” in this article), which passed in late December 2017, could affect you
  • 5 Apr, 2018
  • Jacqueline Cran
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02Apr2018

Tax Reform Limits Exchanges to Defer Taxes

Article Highlights: Deferring Tax with Like-Kind Exchanges Changes Made by Tax Reform Impact on Trade-ins Note: This is one of a series of articles explaining how the various tax changes made by the GOP’s Tax Cuts & Jobs Act (referred to as the “Act” in the article), passed late in December 2017, might affect you
  • 2 Apr, 2018
  • Jacqueline Cran
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