On 2/3/2023, the IRS issued Notice 2023-16 guidance that modifies the definitions of certain vehicle classifications for the new, previously owned and […]
A new law was recently signed that will help Americans save more for retirement, although many of the provisions don’t kick in for a few years. The […]
On January 10, 2023, IRS news release IR-2023-03 announced that California storm […]
The Clean Vehicle Credit, brought to you by the Inflation Reduction Act of 2022 (IRA ’22), is the successor to the New Qualified Plug-in Electric Drive Motor Vehicle Credit. […]
If you own a home and rent it to a relative, you may be surprised to find out there could be tax consequences.
Socking away money in a tax-advantaged retirement plan can help you reduce taxes and help secure a comfortable retirement. If your employer offers a 401(k) or Roth […]
If you sold stock shares at a loss at the end of 2022 to offset gains that you’ve realized during 2022, it’s important to […]
As you may know, you can’t keep funds in your traditional IRA indefinitely. You have to start taking withdrawals from a traditional IRA (including […]
The overall stock market has been down during 2022 but there have been some bright spots. As year-end approaches, consider making some moves to […]
The holiday season is here and many people plan to donate to their favorite charities or give money or assets to their loved ones […]
