(#335) Factor in State and Local Taxes When Deciding Where to Retire
Many Americans relocate to another state when they retire. If you’re thinking about such a move, state and local taxes (SALT) should factor into […]
(#334) What to Know about the Tax Treatment of Bitcoin and Other Virtual Currencies
Over the last several years, virtual currency has become increasingly popular. Bitcoin is the most widely recognized form of virtual currency, also commonly referred […]
(#332) Putting Your Child on Your Business’s Payroll for the Summer May Make More Tax Sense Than Ever
If you own a business and have a child in high school or college, hiring him or her for the summer can provide […]
(#331) Saving Tax on Restricted Stock Awards with the §83(b) Election
Today many employees receive stock-based compensation from their employer as part of their compensation and benefits package. The tax consequences of such compensation can be complex — […]
(#330) Sending Your Kids to Day Camp May Provide a Tax Break
When school lets out, kids participate in a wide variety of summer activities. If one of the activities your child is involved with […]
(#327) TCJA Changes Some Rules for Deducting Pass-Through Business Losses
It’s not uncommon for businesses to sometimes generate tax losses. But the losses that can be deducted are limited by tax law in some situations. The Tax […]
(#326) Be Aware of the Tax Consequences Before Selling Your Home
In many parts of the country, summer is peak season for selling a home. If you’re planning to put your home on the market […]
