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A review of significant TCJA provisions impacting individual taxpayers

A review of significant TCJA provisions impacting individual taxpayers

January 3, 2019
Now that 2019 has begun, there isn’t too much you can do to reduce your 2018 income tax liability. But it’s smart to begin preparing for filing your 2018 return. Because the Tax Cuts and Jobs Act (TCJA), which was signed into law at the end of 2017, likely will have a major impact on your 2018 taxes, it’s a good time to review the most significant provisions impacting individual taxpayers.
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You may be able to save more for retirement in 2019

You may be able to save more for retirement in 2019

January 3, 2019
Retirement plan contribution limits are indexed for inflation, and many have gone up for 2019, giving you opportunities to increase your retirement savings.
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Business owners: An exit strategy should be part of your tax planning

Business owners: An exit strategy should be part of your tax planning

January 3, 2019
Tax planning is a juggling act for business owners. You have to keep your eye on your company’s income and expenses and applicable tax breaks (especially if you own a pass-through entity). But you also must look out for your own financial future.
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3 ways to protect yourself from fraud when shopping online

3 ways to protect yourself from fraud when shopping online

December 14, 2018
Online shopping enables consumers to buy almost anything from the convenience of their own homes. But comfortable surroundings can lull online shoppers into a false sense of security.
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Year-end tax and financial to-do list for individuals

Year-end tax and financial to-do list for individuals

December 14, 2018
With the dawn of 2019 on the near horizon, here's a quick list of tax and financial to-dos you should address before 2018 ends.
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6 last-minute tax moves for your business

6 last-minute tax moves for your business

December 14, 2018
Tax planning is a year-round activity, but there are still some year-end strategies you can use to lower your 2018 tax bill. Here are six last-minute tax moves business owners should consider.
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Does prepaying property taxes make sense anymore?

Does prepaying property taxes make sense anymore?

December 14, 2018
Before you prepay property taxes, review your situation carefully to be sure it will provide a tax benefit. And keep in mind that, just because prepayment will increase your 2018 itemized deductions, it doesn’t necessarily mean that’s the best strategy.
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2019 Q1 tax calendar: Key deadlines for businesses and other employers

2019 Q1 tax calendar: Key deadlines for businesses and other employers

December 14, 2018
New year, same deadlines. Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2019.
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529 plans offer two tax-advantaged education funding options

529 plans offer two tax-advantaged education funding options

November 6, 2018
Section 529 plans are a popular education-funding tool because of tax and other benefits. Two types are available: 1) prepaid tuition plans, and 2) savings plans. And one of these plans got even better under the Tax Cuts and Jobs Act!
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Charitable IRA rollovers may be especially beneficial in 2018

Charitable IRA rollovers may be especially beneficial in 2018

November 6, 2018
Charitable IRA rollovers may be especially beneficial in 2018.
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Buy business assets before year end to reduce your 2018 tax liability

Buy business assets before year end to reduce your 2018 tax liability

November 6, 2018
The Tax Cuts and Jobs Act (TCJA) has enhanced two depreciation-related breaks that are popular year-end tax planning tools for businesses. To take advantage of these breaks, you must purchase qualifying assets and place them in service by the end of 2018.
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Selling your business? Defer — and possibly reduce — tax with an installment sale

Selling your business? Defer — and possibly reduce — tax with an installment sale

November 6, 2018
You’ve spent years building your company and now are ready to move on to something else, whether launching a new business, taking advantage of another career opportunity or retiring. Whatever your plans, you want to get the return from your business that you’ve earned from all of the time and money you’ve put into it. 
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