Skip to content

Blog Author: Ben Langton

Take Advantage of Tax Provisions Available for College Costs

To help pay for expenses, many parents and grandparents saved money in tax favored accounts, such as 529 plans.  Once your child or grandchild has been accepted and is attending,

Tax implications of donations and gifts

  With the holiday season here and year-end quickly approaching, many plan to donate to charity or gift money or other assets to their family members.  What are the tax

Do you have to pay tax on Social Security?

Finding out your Social Security benefits may be taxable is a surprise to some taxpayers. The answer to the question if your benefits could be subject to tax is: “it

Are you ready for the 2021 gift tax return deadline?

If you made large gifts to your children, grandchildren, or other heirs last year, it’s important to determine whether you’re required to file a 2021 gift tax return. In some

Cost Segregation Study – when does it makes sense for your business

Often, businesses allocate all or most of their buildings’ acquisition or construction costs to real property, overlooking opportunities to allocate costs to shorter-lived personal property or land improvements. A cost
scissors cutting the word "Tax"

Unemployed last year? Buying health insurance this year? You may benefit from favorable new changes.

In recent months, there have been several tax changes that may affect your individual tax bill. Many of these changes were enacted to help mitigate the financial damage caused by

Got an FSA? Get Timely Reimbursement of Qualifying Medical and Dependent Care Expenses

If offered by your employer, flexible spending arrangements (FSAs) provide an easy way to lower your taxable wages.  As the end of 2020 nears, here are some rules and reminders