What is Your Taxpayer Filing Status?
Should you file your tax return as a single person, a married couple filing jointly, a “head of household” or some other status? This explains what the federal tax filing statuses are and who can claim them.
Using Your 401(k) Plan to Save This Year and Next
Have you been contributing enough in 2019 to your employer’s 401(k) plan or Roth 401(k)? Here are the contribution limits for this year and the just-announced limit for 2020.
Baltimore Meetup – Tax Law Changes for 2019 & 2020
We’ll discuss the tax law changes from last year as well as new legislation and how it will impact you individually, in your business and in your retirement plan. Understanding your tax position will help you- especially as we enter an election year in 2020.
Learn what changes are important to you and if you need to do anything to re-position yourself.
Kansas City Meetup – Tax Law Changes for 2019 & 2020
We’ll discuss the tax law changes from last year as well as new legislation and how it will impact you individually, in your business and in your retirement plan. Understanding your tax position will help you- especially as we enter an election year in 2020.
Learn what changes are important to you and if you need to do anything to re-position yourself.
Small Businesses: Stay Clear of a Severe Payroll Tax Penalty
Did you know you could be personally liable for a harsh penalty if payroll taxes withheld from your employees aren’t paid over to the federal government? Learn more about whom the IRS can go after at your business.
IRA Charitable Donations are an Alternative to Taxable Required Distributions
There’s a tax-smart strategy for high-net-worth individuals over 70-1/2 years old who have IRAs and are charitably minded.
Selling Securities by Year End? Avoid the Wash Sale Rule.
Have you cashed in some investment gains in 2019? You may be looking for unrealized losses in your portfolio so you can sell those investments to offset your gains before year end. This can reduce your tax liability. But don’t run afoul of this rule.
Take Advantage of the Gift Tax Exclusion Rules
With the annual federal gift tax exclusion, you can transfer substantial amounts free of gift taxes to your children and others. Here are the basic rules.
When is Tax Due on Series EE Savings Bonds?
If you own Series EE bonds, check the issue dates on your bonds. If they’re no longer earning interest, you probably want to redeem them. Read this article to learn more on that and how the interest on the bonds is taxed
2019 Q4 Tax Calendar: Key Deadlines For Businesses and Other Employers
For businesses, fall means it’s time to begin year-end tax planning. It’s also time to think about the fourth quarter 2019 filing deadlines.