Posts Tagged ‘tax planning’
Reminder: Unemployment compensation is taxable
Have tax withheld now to avoid a tax-time surprise. The Internal Revenue Service reminds people receiving unemployment compensation, many for the first time, that, by law, this compensation is taxable.…
Read MoreTax Treats Included in the Further Consolidated Appropriations Act of 2020
The Taxpayer Certainty and Disaster Tax Relief Act of 2019 extends over thirty Code provisions, generally through 2020. The SECURE (Setting Every Community Up for Retirement Enhancement) Act, was signed the same day and contains many provisions intended to strengthen retirement security.
Read MoreDay 11 – Tax Time Simplified
Do you bank online using your PC, smartphone or tablet? How would you like to manage your tax documents in the same manner? TaxCaddy is a secure file submission platform…
Read MoreDay 2 – Batch Your Itemized Deductions
The goal of batching is to position yourself so that you will have deductions greater than the standard deduction one year, with the following year being a standard deduction. Click…
Read MorePlan Now, Save Later! (Part 2)
By Andy Johnson, CPA, Principal Welcome back for Part Two! In Part 1, we discussed the strategy of Batching Your Itemized Deductions (click here to read Part 1), and we…
Read MorePlan Now, Save Later! (Part 1)
If you project that your total itemizable deductions for 2019 will be close to exceeding your applicable standard deduction amount, you should consider batching.
Read MoreHow to Inflation-Proof a Retirement Portfolio
To build a portfolio designed to provide inflation-adjusted income throughout a long retirement, consider the following tactics.
Read MoreWelcome Back Kim Zarett!
Cover & Rossiter is pleased to welcome Kim Zarett back to the firm as a Principal in the Tax Department.
Read More5 Ways to Get a Jump on Your 2019 Taxes
Yes, tax season is officially over. And you might be kicking back and relaxing, putting off thinking about next year’s taxes as long as you can. However, smart taxpayers know…
Read MoreNew Client Support Tools – Check them out!
By: Caren McCabe, MBA, Administrative/Marketing Specialist Earlier this year, we added new tools to our website. Our goal is to make it easier for you to get answers to questions…
Read More