Dec 1, 2020 | Tax, Uncategorized
Turn Your Home Office Into a Tax Deduction December 1, 2020 If you are working from home for the first time in 2020, you may be wondering if your home office is tax deductible. The bad news? If you’re working from home for an employer, you normally can’t...
Nov 30, 2020 | Tax, Uncategorized
Turn Your Home Office Into a Tax Deduction December 1, 2020 If you are working from home for the first time in 2020, you may be wondering if your home office is tax deductible. The bad news? If you’re working from home for an employer, you normally can’t...
Nov 25, 2020 | Estate Planning, Uncategorized
Eligible Trusts to Hold S Corporation Stock December 1, 2020 S corporations must comply with several strict requirements or risk losing their tax-advantaged status. Among other things, they can have no more than 100 shareholders, no more than one class...
Nov 12, 2020 | Estate Planning, Uncategorized
Naming the Right Executor November 25, 2020 The executor’s role is critical to the administration of your estate and the achievement of your estate planning objectives. So your first instinct may be to name a trusted family member as executor. But that...
Nov 9, 2020 | Estate Planning, Uncategorized
Estate Planning and Your Art Collection November 19, 2020 If you’re an art collector, it’s critical for your estate plan to address your collection separately from other types of assets. Investments in artwork may be motivated in part by potential...
Nov 2, 2020 | Tax, Uncategorized
The Lost Art of Tracking Home Improvements November 24, 2020 One of the more popular provisions in the tax code is the $250,000 capital gain exclusion ($500,000 for a married couple) of any profit made when selling your home. As long as you follow the...