Archive

10Sep2018

Is Bunching Right for You?

Article Highlights: Standard Deductions Itemized Deductions Bunching Strategy Medical Expenses Taxes Charitable Contributions 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 of 2017, could affect you and
  • 10 Sep, 2018
  • Jacqueline Cran
  • 0 Comments
Read more
06Sep2018

Taxation of Legal Settlements or Awards

    Article Highlights: Physical Injury and Physical Sickness Wrongful Death Emotional Distress Previously Deducted Medical Expenses Employment Discrimination Age Discrimination Unpaid or Disputed Employment Earnings Interest Settlements Legal Costs The tax treatment of awards received as the result of a lawsuit could result in taxable or non-taxable income, depending upon a number of issues.
  • 6 Sep, 2018
  • Jacqueline Cran
  • 0 Comments
Read more