Articles

Archive for the ‘Individual Tax’ Category

August 13, 2019

Don’t Fall for These 5 Audit Myths

When it comes to the perception of IRS audits, conjecture reigns supreme. The combination of the complex tax code and a government agency with the full authority to enforce it leads to some pretty wild…

Read More...

August 09, 2019

The Taxation of Legal Settlements

A question frequently asked by taxpayers is whether or not the proceeds from a lawsuit must be included in their taxable income. The answer is the taxation of your settlement proceeds will focus on the…

Read More...

August 02, 2019

Vacation Home Tax Benefits

As summer winds down and you’ve enjoyed your vacation time these past few months, are you now considering investing in a vacation home? If you’re curious about the tax implications of a second home and…

Read More...

July 25, 2019

Can a Smartphone Be a Tax Deduction?

With the proliferation of cell phones, and the corresponding accessibility of you to your employer, invariably most employees are receiving and making business calls on their cell phones. This could mean a tax deduction in…

Read More...

July 19, 2019

Summer Tax Moves

The heat is definitely on, but there are plenty of ways to chill out, both personally and to put your 2019 tax bill on ice. As we reach the half-way point of 2019, you should…

Read More...