Articles

Archive for the ‘Individual Tax’ Category

October 18, 2019

Another Year, Another New 1040

In 2018, the government attempted to “simplify” the tax-filing process by drastically shortening Form 1040. The result was six new schedules that created a lot of confusion. Now the IRS is attempting to ease some…

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October 02, 2019

Restricted Stock and 83(b) Elections

Many businesses looking for high growth will offer their employees the chance to purchase stock of the company. It’s also a common technique used in venture capital markets. The stock being purchased is often restricted…

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September 27, 2019

Leveraging Gift Rules to Your Advantage

As you or family members approach retirement years, it is important to have a basic understanding of the IRS gift giving rules. With this understanding, there are opportunities to leverage this tax law without creating…

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September 26, 2019

IRS Expands ID Protection Program

The IRS is expanding a pilot program that uses Identity Protection Personal Information Numbers (IP PINs) to provide an extra layer of security for taxpayers. The program can be used by residents of the District…

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September 20, 2019

Tax Breaks for Adult Students

These benefits are not just for kids! Kids aren’t the only ones heading back to school this fall. Many adults are also taking courses to pursue a new career or improve their current job skills….

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