Income Taxes

Unfortunately, many of us have been affected by Hurricane Irma. Fortunately the Internal Revenue Service ("IRS") recognizes the devastation caused by these natural disasters which affect taxpayers, not only emotionally and physically, but financially. In a recent news release, IR-2017-150, issued on September 12, 2017, the...

Many of us are reaching the age when we have to consider when we are going to collect social security. Help in making that decision can be found on the Consumer Financial Protection website.  The law has recently changed regarding file and restrict and file...

Several favorable tax benefits expired on December 31, 2013. For several years these benefits have expired only to see Congress "resurrect" them in the following year. The unpredictability of what laws will be extended creates havoc with tax preparers and taxpayers not knowing whether transactions...