Article Highlights: Noncash Charitable Contributions Establishing Donation Value Fair Market Value Documentation Requirements Appraisal Requirements Tax legislation passed in late 2017 nearly doubled the standard
Article Highlights: COVID 2020 Economic Impact Payments Recovery Rebate Credit Credit Refund Is About to Expire $1,200 for Single Taxpayer and $2,400 for Married Couples plus
Selling a property you have owned for a long period of time will frequently result in a large capital gain, and reporting all of the
May 10 – Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips during April,
Article Highlights: Credit For Childcare Credit Percentage Child Qualifications Employment-Related Expense Taxpayer Earnings Limits Full-Time-Student or Disabled Spouse Qualifying Care Other Facts and Issues Tactic
Article Highlights: Exclusions from Gift and Estate Taxes Annual Gift Tax Exclusion Gifts for Medical Expenses and Tuition Lifetime Exclusion from Gift and Estate Taxes
Article Highlights: Special Schooling Learning Disabilities Non-Hospital Institutions Medical Conferences Auto Travel Trips Meals Lodging Vehicle Modifications Drug Addiction Home Modifications Childcare Credit Nursing Services
Article Highlights: Gifting Considerationso Gift Tax Returno Gift Basiso Holding Periodo Home Sale Exclusiono Capital Gainso Special Considerations Inheritanceo Inherited Basiso Depreciation Reset Comparison A frequent question, and a situation where taxpayers often
Article Highlights: Health Savings Accounts Qualifications Tax Benefits As a Supplemental Retirement Plan Establishing and Contributing to an HSA Become Ineligible In the labyrinth of
Taxation is often overlooked in the shadowy world of counterfeit luxury goods, where the allure of high-end fashion meets mass production. While designer knockoff purses,
