Tax Insights – June 2020

Tax Insights – June 2020

 Mid-Year Tax Checkup As you complete your tax return this year, are you surprised by the amount of your balance due or refund? Many people are unpleasantly surprised by the balance due. How can you prepare so that tax time is, if not pleasant, at least less painful?...
Tax Insights – May 2020

Tax Insights – May 2020

 CARES Act Brings Relief to Individual Taxpayers The recently passed Coronavirus Aid, Relief, and Economic Security Act (CARES Act) provided relief to taxpayers in a number of ways. The due dates to file and pay income taxes have been extended to July 15, 2020....
Tax Insights – April 2020

Tax Insights – April 2020

 Tax Notes  The IRS advised that high deductible health plans (HDHPs) can cover the costs for testing and treatment of COVID-19 without losing their status as an HDHP. As we all deal with the pandemic, keep informed by checking the IRS website for updates. Important...
Tax Insights- March 2020

Tax Insights- March 2020

 Do You Have a Balance Due?  If planned correctly, tax time shouldn’t have to be unpleasant. I can help you with that. If you wind up with a balance due, however, you have several options to pay your tax debt. Pay the balance due. If you can pay either directly or via...
Tax Insights – February 2020

Tax Insights – February 2020

 Extenders Bill  In December, the president signed the Further Consolidated Appropriations Act, 2020, which contains the SECURE Act and extenders. These acts affect you in many ways.  First, the SECURE Act provides for several changes related to retirement plans....
2020 Client Letter

2020 Client Letter

Dear Clients, I hope that 2019 was a fantastic year for each of you. We have been in the new office for a year now and we love our new location. We have had lots of wonderful things happen this year. We have also had some sadness. As many of you know we lost Marty...
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