Category Archives: Individual Tax

Individual Year End Planning WW2016_11

The Holiday season is a time for giving, but we don’t have to give too much to the government, do we? You have roughly 45 days to implement tax planning strategies. Are you lending money to the Government at zero … Continue reading

Posted in Individual Tax, What's New?

Real estate, investment (WW2016_4)

teryTrader or investor? If you tend to buy and sell a number of stocks continuously and hold them briefly you are probably a “trader” or “dealer” instead of an investor.  Unlike investors, a trader doesn’t qualify for the long-term capital … Continue reading

Posted in Individual Tax, Real estate, investing, What's New?

Individuals (WW2016_4)

As your tax mentor, I can teach you how to get the most tax benefits for items on your tax return. Schedule A, Itemized Deductions, allow you to deduct a number of essentially personal expenses. Schedule A includes miscellaneous deductions … Continue reading

Posted in Individual Tax, What's New?

WW Real estate, investments 2016_1

There are two deductions that taxpayers often overlook with regard to their investments: net investment interest and investment advisor fees. Both are usually found buried in the “Tax Documents” you receive covering your investments. Investment interest. Margin interest.is usually considered … Continue reading

Posted in Individual Tax, Real estate, investing, What's New?

WW Individuals 2016_1

Many important tax planning moves require action — NOW! For example, sales tax deductions, charitable deductions and employee deductions require payments, gifts and recordkeeping all year. You need to know what you are doing now. Sales tax. The IRS gives you … Continue reading

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WW 2015_12 Individual taxes

Your Form 1040 is your final chance to avoid taxes on your income. It’s the tire that touches the road. So you better use an experienced tax preparer. Many important tax planning moves require action in the next few days … Continue reading

Posted in Individual Tax, What's New?