Aug 11, 2026 | Blog, Tax Bites
Disability insurance is a valuable benefit provided by many employers. It replaces a portion of the insured person’s income — typically 45% to 65% of pre-disability earnings — after a specified waiting period that starts when the person becomes disabled (as defined by...
Aug 10, 2026 | Blog, Retirement Accounts
Every IRA has a rhythm to it. Spring belongs to tax season. Winter belongs to year-end deadlines, valuations, and required distributions. And the fourth quarter, as anyone who has scrambled through one knows, has a way of arriving faster than expected. But August?...
Aug 6, 2026 | Blog, Retirement Accounts
Picture the classic retirement commercial. A couple walks a beach at sunset. Someone tees off on an empty golf course. A sailboat drifts by, presumably purchased with decades of disciplined index fund contributions. Now be honest: does any of that actually sound like...
Aug 4, 2026 | Blog, Tax Bites
Businesses in economically distressed communities often have difficulty obtaining capital for expansion, equipment, facilities and other investments. The New Markets Tax Credit (NMTC) encourages private investment in these underserved areas by offering federal income...
Aug 3, 2026 | Blog, Real Estate, Self-Directed IRA Investing
If you’ve ever walked through a property and thought, “I understand this investment better than anything in my 401(k),” you’re not alone. For many real estate professionals and experienced investors, the stock market feels abstract while a...
Jul 28, 2026 | Blog, Tax Bites
Mutual funds offer an easy way to invest in a diversified portfolio compared to buying individual stocks and bonds. But the tax treatment of mutual funds isn’t so simple. How Are Mutual Funds Taxed? If you sell appreciated mutual fund shares, the resulting profit will...
Jul 21, 2026 | Blog, Tax Bites
Have you already made contributions to charity this year? Are you considering making more between now and year end? If so, it’s important to be familiar with the tax rules for different types of donations so you can maximize your tax benefit — or at least avoid...
Jul 14, 2026 | Blog, Tax Bites
It’s easy to focus on the excitement of a big win. But federal tax law generally treats lottery prizes, gambling winnings and other awards as taxable income. Knowing the basic rules can help you avoid surprises when you file your 2026 return next year. Lottery Prizes...
Jul 7, 2026 | Blog, Tax Bites
Small business owners must answer an important question: Should we use the cash or accrual accounting method for federal income tax purposes? Larger entities are required to use the accrual method. But certain small businesses can elect to use the cash method. You may...
Jun 30, 2026 | Blog, Tax Bites
Last year, the new tax deduction for taxpayers 65 and older was sometimes referred to as “no tax on Social Security.” In actuality, this up-to-$6,000-per-individual deduction, also known as the “senior” deduction, is generally available whether or not someone receives...
