topical-news

Selling Your Home This Spring? Back-to-Basics Review for Tax-Free Gains from Home Sales

One of the most significant tax advantages to owning a home comes at the back end of ownership, when you decide to sell it for a profit. A homeowner can exclude up to $250,000 of such profit from their federal capital gains tax. For married couples filing a joint tax return, the exclusion jumps to $500,000. This big tax break, however, does come with some basic requirements. It applies to the sale of only a “principal residence,” not a vacation home or investment property.

Have You Included Your “Digital Assets” in Your Estate Plan? Part 2 -- Does Your Estate Plan Include Provisions Regarding Your "Digital Assets"?

Have You Included Your “Digital Assets” in Your Estate Plan? Part 2 -- Does Your Estate Plan Include Provisions Regarding Your "Digital Assets"?

In last week's blog, I introduced the concept of including digital assets in your estate plan. Today's blog is a follow-up providing additional substantive information regarding estate planning issues and planning for digital assets.

Are You A Great Leader? How Effective Are You as a Business Owner, Executive, Manager, Employee Or Even a Parent in Leading Those Closest to You?

Are You A Great Leader? How Effective Are You as a Business Owner, Executive, Manager, Employee Or Even a Parent in Leading Those Closest to You?

It is an honor to introduce my friend and colleague Dr. Tim Irwin’s latest book, Impact: Great Leadership Changes Everything.

Affordable Care Act - Making Sense of it All

Affordable Care Act - Making Sense of it All

 

Happy New Year!

Year-End Tax Planning Strategies for Individuals and Businesses

Tax Planning is critical at the end of the year. Here are some ideas to contemplate, along with the tried and true year-end tax savings techniques.

Individual Tax Strategies:

1) Game – The Standard Deduction