Good Time to Review Your Investments
You may have heard about a proposal in Washington to cut the taxes paid on investments by indexing capital gains to inflation. Under the […]
Does Charitable Volunteering Yield Tax Breaks?
If you’re a volunteer who works for charity, you may be wondering . . . does charitable volunteering yield tax breaks? Yes, you
Taxability of Non-Resident Pensions
In the attached audio clip (click on photo above to listen), Spidell Publishing’s “California Minute” […]
Summer Camp May Yield a Tax Break
When schools were out for the summer, you might have sent your children to day camp. It’s often a significant expense. The good news: […]
Social Security Benefits May Be Taxable
During your working days, you pay Social Security tax in the form of withholding from your salary or self-employment tax. And when you start receiving Social Security benefits, you […]
Is a Health Savings Account Right for You?
To help defray health care costs, many people now contribute to, or are thinking about setting up, Health Savings Accounts (HSAs). With these accounts, […]
Donating Your Vehicle to Charity May Not Yield A Big Tax Deduction
You’ve probably seen or heard ads urging you to donate your car to charity. “Make a difference and receive tax savings,” one organization states. […]
Consider Taxes When Retiring in Another State
When you retire, you may consider moving to another state — say, for the weather or to be closer to your loved ones. That said, don’t forget to consider […]
Chances of IRS Audit are Down
The IRS just released its audit statistics for the 2018 fiscal year, and the chances of IRS audit are down. Fewer taxpayers had their […]
Tax Implications of Selling Your Home
Spring and summer are the optimum seasons for selling a home. And interest rates are currently attractive, so buyers may be out in full force in your […]
