​With the election season upon us, we figure we’d give you a brief layout of what the individual candidates have said will be their tax policy. There’s no personal opinion here…so please refrain from responding with political fireworks!

Yes, another news flash related to the coronavirus! The IRS has implemented several measures in response to the COVID pandemic. One major one is the provision that allows for temporary changes to retirement plan withdrawal and loan rules.

​We’ve received several messages from clients this week about mysterious money hitting their bank account from the IRS. What is going on?

What is going on with home values?! Many areas in the United States are experiencing significant run-ups in home values…..

​Unfortunately, renovations made to your primary home are not usually deductible for tax purposes. However, you can still benefit tax-wise from renovations in certain instances. See below for some examples:

​One of the government implementations with COVID is to allow mortgage forbearance for borrowers who are directly affected by the virus. But before you jump for relief, it pays to know the details…..

​The IRS Get My Payment site for stimulus payment functions has been upgraded as of yesterday, in order to improve functionality.

​The stimulus payments (Economic Impact Payments) are a very popular topic of conversation these days!

A lot has changed with our world in just a few weeks.

We wanted to provide you the following updates as it relates to your taxes and the government stimulus package that was just signed last Friday.

How We’re Doing Our Part...
We’re well setup to handle your full tax needs remotely; no physical meetings required. And we’re also still available to take drop-offs at our office. Feel free to contact us with any questions about how we’re handling tax returns seamlessly in the midst of this crisis.

The New Year is a great time to re-evaluate all of your insurance coverages.....

We want to make sure you're aware of the changes in key financial data for the 2020 tax year.
Below you'll find a short-version form of tax update changes from 2019 to 2020...as well as a more expansive, full-version of key financial data for the 2020 tax year. 

​With the value increases over the past several years, you may be facing possible tax implications if you sell your home. But there are ways to reduce, and even eliminate the tax hit on your home sale…..

For several years now, the government has been incentivizing the purchase of energy efficient and “clean” items. From solar on your home, to electric vehicles, you can reduce your tax liability with the purchase of these items. ​

Every year, Fannie Mae & Freddie Mac assess existing loan limits on conventional loans, to see if an increase is warranted due to rising home values. This can be a huge benefit for those who are acquiring home loans near these limits. See below for specifics and how this could impact you.....

2019 has sure flown by! We're on the cusp of another tax season, so we wanted to be sure to get you some planning moves before this year comes to a close.....

​​At age 70 ½, the IRS requires folks to begin distributing funds from tax-sheltered retirement funds. This plan forces many retirees to take RMD’s (Required Minimum Distributions) that result in a bump-up of taxable income, whether they need the funds or not. We have a possible solution.....

​At some point, most business owners come across the decision of whether they should incorporate or stay as a sole proprietor. Rental property owners also encounter this same question. Here are some things to consider…..

Can you afford to keep one parent home? We all know that having kids is not a decision you make because you want to improve your finances! By no means do kids add to your "bottom line" financially. In this article we give you several financial and non-financial considerations to ponder when making this major life choice.....

There are many strategies for retirement and investment planning. Below is a simple "hitlist" to consider when you're prioritizing which investments you'll go after first...you'll love the trick in #2!

The 2018 tax year was challenging for taxpayers and tax preparers, alike. It brought about a whole new look to the long-standing 1040 tax return form, cutting down the forms, but adding 6 new schedules in the process. Now, the IRS is looking to make another massive change. How does this affect you?

Everybody has heard about rates falling in the past few months. In fact, rates are near 3-year lows. But are they going lower? Should you wait to refinance?

401k's have long been the most utilized retirement account, and for good reason. The tax deferral and employer match make them very attractive. But are they the best retirement source for you? We give 4 reasons below to make you think again...