As students head back to school, there are some changes to education deductions that could save or cost you more in taxes and even raise college tuition costs. Here is what you need to know…

Under recent tax legislation, you can no longer claim personal exemptions, including ones for your children and other relatives (now through 2025). That means if you’ve been claiming an exemption for an elderly parent you…

Although recent tax legislation has eliminated or scaled back many prized deductions for 2018 through 2025, it didn’t touch the deduction for student loan interest. So the usual questions remain: Who can claim the deduction…

Often lost in the excitement of large-scale tax change is how they can negatively impact some individual situations.   Let’s Talk Tax Reform Check out the questions below to see if you might be in…

New Jersey has always ranked as having some of the highest real estate taxes in the country. For a long time, many taxpayers could deduct all of those taxes on their federal tax return until…

Should you open a Health Savings Account (HSA)? Not surprisingly, the answer depends on many factors. For instance, if you’re in good health and can afford a high-deductible insurance policy, HSAs may offer significant advantages….

Are you thinking of renovating a building you own in an historic part of town? Before you start knocking down walls, find out if the building qualifies as an historic structure. It could result in…

There’s a new student loan repayment program that forgives some student loan debt if other payments are made. This new debt forgiveness is creating a tax surprise for the unsuspecting student. Here is what you…