Alloy Silverstein’s Tax Tip of the Week   Do you help support an elderly relative like your mom or dad?   If you meet the two-part test for qualifying relatives, you may claim an “extra”…

Alloy Silverstein’s Tax Tip of the Week   Passive, Active, Exceptions: The tax treatment of real estate professionals can be complex. The rules that define real estate activities for tax purposes can be confusing. Is…

Alloy Silverstein’s Tax Tip of the Week   For dual income parents with children under the age of 13, or if your household situation includes a spouse or dependent over the age of 13 who…

DIY can affect another 3-letter word: TAX.   The days are longer and the air is getting warmer. Spring is here, tax refunds have made their way to bank accounts, and for many homeowners it’s…

Buy more time to prepare your return by applying for a 6-month tax return extension.   Tax time is stressful as it is, but there’s no reason to panic if you cannot file by April…

Alloy Silverstein’s Tax Tip of the Week   New Wage Earners: Are you taking advantage of the Retirement Saver’s Credit?   If you have a child graduating from college this year, money can be tight…

Major Tax Deadlines for April 2017   Due April 18: 2016 individual income tax returns 2016 calendar-year C corporation tax returns 2016 annual gift tax returns 2016 IRA contributions 2017 individual estimated tax first quarter…

Alloy Silverstein’s Tax Tip of the Week   The Net Investment Income Tax (NIIT) is a unique tax provision, introduced in 2013 to help pay for the Affordable Care Act (ACA). While the NIIT may…