You know that divorce will have a significant effect on your life, including your finances. And that’s a reality for a large number of people. There are around 800,000 divorces in the United States each…

Are you selling real estate or other investment or business property like collectibles or cars? Generally, you’ll owe capital gains tax on a gain, but you might arrange a Section 1031 exchange of “like-kind property”…

Now is the ideal time to schedule a tax planning session. Your 2017 tax return outcome is still fresh, and it’s early enough in the year to take advantage of the numerous tax law changes…

If you have a business trip lined up to a charming city or summer resort, you may end up tacking on a few days of vacation while you’re there. And guess what? Most expenses will…

Health care coverage gaps happen. Whether because of job loss or an extended sabbatical between gigs, you may find yourself without health care for a period. Here are some tax consequences you should know about,…

The Tax Cuts and Jobs Act (TCJA) put some sharper teeth into the “kiddie tax” rules. But with some astute planning, parents can avoid dire tax consequences. Starting this year, the calculation used to tax…

Most Americans get a refund every year, with the average check weighing in at $2,895 last year. Even though it’s really money that they earned, many people are tempted to treat it like a windfall…

Alloy Silverstein Accountant Valentina Efremova reminds taxpayers what needs to be done before the April 17, 2018 deadline.   With just under two weeks left to complete and file your 2017 income tax return, don’t forget,…