Dec 17, 2021
In this episode:
- Reminder of Net Investment Income Tax impact and the potential expansion proposed in the Build Back Better Bill.
- Child Tax Credit recipients need to look for Letter 6419 to turn in with their tax paperwork.
- Those business owners that took advantage of the deferred Social Security tax need to pay half...
Dec 3, 2021
Updates:
The Build Back Better Bill is offering enhanced electric vehicle credits.
Large adjustments to the taxability of Social Security Benefits are being proposed.
IRS notices are being sent out regarding employer ID numbers (EINs) no longer being considered valid.
There is a proposal to cap Like Kind Exchanges or no...
Nov 19, 2021
In this episode:
- Tax planning tips:
- Accelerating itemized deductions
- Tips for taxpayers over 72 years old
- Gifting stocks to charitable organizations
- Importance of Estimated Taxes and understanding Safe Harbor
- Update on the tax implications in the Infrastructure Bill
- Cryptocurrency rules for taxation
We also have...
Nov 5, 2021
In this episode:
- An update on current legislation proposals
- State and Local Tax (SaLT) is being challenged in many states
- Tax planning tips regarding charitable gifting
We also hear from Dr. Eunice Gwanmesia. https://www.dreunicespeaks.com/ She is the Chief Executive Officer of Eunity Solutions, a...
Oct 22, 2021
In this episode:
It's time for tax planning! Make your appointment now to minimize your tax liability. Here are some tax planning strategies.
Social Security recipients will see a 5.9% increase.
Make sure your college student is providing you with their Form 1098T!
Those who qualified for the DE Relief Grant have...