Individual Tax Articles
Posted by Cheryl A. Jankowski on November 07, 2019
Do charitable gifts play an important role in your estate plan? If you make or plan to make substantial noncash gifts to charity, you should be aware of how new requirements for appraisals can affect those donations.
Posted by Kristin Re’ on November 06, 2019
In many places, real estate prices are soaring. That's good news for owners of undeveloped land in those areas, but if they decide to subdivide and develop highly appreciated property, it could trigger a whopping income tax bill.
Posted by Robert Ingrasci on October 29, 2019
When you hear “estate planning,” you probably think of trusts and other vehicles for minimizing taxes and passing on more wealth to your heirs. However, a will remains the cornerstone of any estate plan.
Posted by David Schlein on October 10, 2019
The stock market has experienced plenty of ups and downs this year, so some investors are poised to take big gains for 2019, while others are currently showing losses and many have both. What are the tax consequences if you sell securities?
Posted by William Bakke on September 16, 2019
Virtual currency has gone mainstream. AT&T recently announced that its customers can use Bitcoin to pay their phone bills. Other big companies that accept Bitcoin include Microsoft, Expedia, and Overstock. Competitors likely will follow suit. Using virtual currency, however, has tax implications that may surprise you.
Posted by Bryan Staniszewski on September 12, 2019
If you or a loved one needs long-term care, consider purchasing a long-term care (LTC) insurance policy. As a bonus, qualified LTC policies may deliver some tax breaks.