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DON’T MISS OUT ON YEAR-END TAX-PLANNING OPPORTUNITIES

DON’T MISS OUT ON YEAR-END TAX-PLANNING OPPORTUNITIES Article Highlights: Unemployment Benefits Taxability To Skip or Not Skip the 2020 Required Minimum Distribution Special Charitable Giving Opportunities Divorced or Separated Planning Issues Potential State Health Insurance Penalties Dealing with Disaster Losses in 2020 Retroactive Kiddie Tax Rules – Amended Opportunity Retroactive…
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SOLAR TAX CREDIT IS SUNSETTING SOON

SOLAR TAX CREDIT IS SUNSETTING SOON Article Highlights: Solar Credit Phasing Out Qualifying Property When is the Credit Available? Who Gets the Credit Multiple Installations Battery Installation Costs Basis Adjustment Association or Cooperative Costs Mixed-Use Property Newly Constructed Homes Utility Subsidy Solar Installations are Not for Everyone A federal tax…
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SEPTEMBER 2020 INDIVIDUAL DUE DATES

September 1 – 2020 Fall and 2021 Tax Planning Contact this office to schedule a consultation appointment. September 10 – Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips during August, you are required to report them to your…
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