Fall Tax Planning May Be Wise
Article Highlights: Maximize Education Tax Credits Employer Health Flexible Spending Accounts Maximize Health Savings Account Contributions Convert Traditional IRAs to Roth IRAs Don’t Forget Your
Legacy Tax & Resolution Services
Article Highlights: Maximize Education Tax Credits Employer Health Flexible Spending Accounts Maximize Health Savings Account Contributions Convert Traditional IRAs to Roth IRAs Don’t Forget Your
Articles Highlights: Build Back Better Act Legislation Home Solar Energy Credit Storage Batteries Home Energy-Efficient Modifications Plug-in 4-Wheel Electric Drive Vehicles Previously Owned Electric Vehicles
Article Highlights Filing status. Adjusted gross income (AGI). Taxable income. Marginal tax rate. Alternative minimum tax (AMT). Tax Credits. Underpayment of estimated tax penalty. When
Article Highlights: How Cryptocurrency is Treated for Tax Purposes Capital Asset Who Keeps Track of Cryptocurrency Ownership and Transactions How Many Cryptocurrencies Are There? What
Article Highlights: Tax Compliance Hard-to-Trace Income Sources Two-Tiered Compliance Bank Transaction Reporting Threshold Tax-compliance rates in the United States are based, in large part, on
Article Highlights: Standard Deductions Itemized Deductions Bunching Strategy Medical Expenses Taxes Charitable Contributions The changes in the 2017 Tax Cuts and Jobs Act (TCJA) included
Article Highlights: Underpayment of Estimated Tax and Withholding Penalty Required Minimum Distribution Penalty Late-Filing Penalty Late-Payment Penalty Negligence Penalty Fraud Penalty Dishonored Check Penalty Missing
Article Highlights: Taking Stock of Tax Strategies Education Tax Credits Converting a Traditional IRA to a Roth IRA Minimum Required Distributions Charitable Contributions Qualified Charitable
Article Highlights: Long-Form Itemization Required Below-the-Line Cash Contributions for 2021 Qualified Charities Only Cash Donations Non-cash Donations Leave Donations Other Qualifying Donations AGI Limitations Year-End
During the holidays, many charities solicit gifts of money or property. This article includes tips for documenting your charitable gifts so that you can claim