European countries such as France, Spain, and Italy have been open to U.S. travelers since June, and you might already have planned a summer trip. Unfortunately, if you do some shopping abroad, you’ll probably encounter something called a value-added tax, or VAT. The good news? Armed with the right information, you can often claim a […]
Tax Services
Dear Clients & Friends, It’s time for a new tax filing season. 2020 has undoubtedly brought new challenges to our lives.
Bloomberg recently released projected tax rates, brackets and other numbers that apply to the 2019 tax year (the IRS will release the official numbers later this year). Note, these are NOT the numbers that apply to the 2018 taxes you file in 2019, but to the income and activity that occurs during the 2019 tax year […]
With the passing of the new tax act, business owners should carefully prepare for the upcoming tax season. This article discusses steps business owners can take to ensure proper tax filings, and the importance of a financial advisor. To view this article, click the following link to access the original content. https://www.entrepreneur.com/article/309716
Be sure to take advantage of the many hidden write-offs you may be able to claim on your 2017 tax returns. This article discusses the seven different deductions you may be able to claim on your 2017 returns, before the 2018 tax laws take place. To view this article, click the following link to access […]
by Michael W. Blitstein, CPA Most taxpayers would agree that paying more tax on similar or less income does not sound appealing. The health care reform package (the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010) imposes a new 3.8 percent Medicare contribution tax on the net […]