Legacy Tax & Resolution Services

Category: Tax Central

Tax Changes For 2019

Article Highlights: Medical Threshold Electric Vehicle Credit Phaseout Alimony Finalization of State- and Local-Tax Deduction Limitation Penalty for Not Being Insured Qualified Opportunity Funds Seniors’

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Holiday Gifting with a Tax Twist

Article Highlights: Employee Gifts Gifts of College Tuition College Student Supplies Electric Car Credit Work Equipment Solar Electric Credit Charitable Gifts Some holiday gifts you

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Helpful Tax Tips For 2019

Article Highlights: Education Credit Avoiding Underpayment Penalties Strategy Spouse IRA Strategy Qualified Charitable Distributions Medical Expenses Election to Deduct Start-Up Costs State and Local Tax

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Tips to Avoid 2019 Tax Penalties

Article Highlights: Underpayment Penalties Withholding Under-distribution Penalty Required Minimum Distributions IRA-to-Charity Distributions The holiday season is upon us, complete with family gatherings, over-indulging in food

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Congress Passes Last-Minute Tax Changes

Article Highlights: Discharge of Qualified Principal Residence Indebtedness Mortgage Insurance Premiums Above-the-Line Deduction for Qualified Tuition and Related Expenses Medical AGI Limits Residential Energy (Efficient)

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Don’t Be Duped by Clever Scammers

Article Highlights: Scammers disguise e-mails to look legitimate. Legitimate businesses and the IRS never request sensitive personal and financial information by e-mail. Don’t become a

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Do I Have to File a Tax Return?

Article Highlights: When You Are Required to File Self-Employed Taxpayers Filing Thresholds Benefits of Filing Even When Not Required to File Refundable Tax Credits This

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