Deducting Medicare Premiums to Lower Your Tax
Americans who are 65 and older qualify for basic Medicare insurance. However, to get the level of coverage they desire, they may need to […]
1040 Questions After You’ve Filed
Alright . . . you’ve successfully filed your 2018 return with the IRS. But now, you find that you’ve may still have some 1040 […]
(#535) Still Working After Age 70-1/2? You May Not Have to Begin 401(k) Withdrawals
If you participate in a qualified retirement plan, such as a 401(k), you must generally begin taking required minimum withdrawals (RMDs) from the plan no later than April 1 of the […]
(#531) Stretch Your College Student’s Spending Money With The Dependent Tax Credit
If you’re the parent of a child who is age 17 to 23, and you pay all (or most) of his or her expenses, you may be […]
(#526) The 2018 Gift Tax Return Deadline is Almost Here
Did you make large gifts to your children, grandchildren or other heirs last year? If so, it’s important to determine whether you’re required to file a 2018 […]
(#522) Vehicle Expense Deduction Ins and Outs for Individual Taxpayers
It’s not just businesses that can deduct vehicle-related expenses. Individuals also can deduct them in certain circumstances. Unfortunately, the Tax Cuts and Jobs Act (TCJA) might reduce […]
(#518) Careful Tax Planning Required for Incentive Stock Options
Incentive stock options (ISOs) are a popular form of compensation for executives and other employees of corporations. They allow you to buy company stock […]
(#512) Some of Your Deductions May Be Smaller (or Non-Existent) When You File Your 2018 Tax Return
While the Tax Cuts and Jobs Act (TCJA) reduces most income tax rates and expands some tax breaks, it limits or eliminates several itemized […]
(#507) 3 Big TCJA Changes Affecting 2018 Individual Tax Returns and Beyond
When you file your 2018 income tax return, you’ll likely find that some big tax law changes affect you — besides the much-discussed tax […]
