Tax Tip of the Week

This week's tax tip: Depending on a business meal deduction? Read this

How Best to Celebrate Our 40th?

As we plan our 40th anniversary, we have revisited our commitment to our communities and asked our members to commit themselves to volunteer activities over the next year.

Upcoming Tax Seminars – Register Today

We are hosting multiple free seminars to cover topics related to the Tax Cuts and Jobs Act that will impact you. Please review the topics, dates and time. Registration details are below.

Medicare Open Enrollment – Time for a Coverage Checkup

Every year, Medicare’s open enrollment period is October 15 to December 7, for coverage that is effective January 1st. Medicare health and drug plans can make changes each year—things like cost, coverage, and which providers and pharmacies are in their n…

Contemplating Divorce: New Tax Law Has Significant Impact

The Tax Cuts and Jobs Act (TCJA) does a complete “180” to the tax treatment of alimony payments.

December 6 Tax Seminar – Register Today

A 3-hour seminar will be held Thursday, December 6th from 1 – 4 pm (check-in begins at 12:30) at the Kirkwood Hotel. This seminar will cover topics focused on individuals, real estate owners, and business owners.

Significant Changes to Kiddie Tax by Tax Cuts & Jobs Act (TCJA)

The Tax Cuts & Jobs Act (TCJA) made significant changes to the calculation of the kiddie tax effective January 1, 2018. The purpose was to simplify the calculation by not having the parent’s tax rate and income be a part of the calculation. This was somew…

Section 199A Creates New Planning Opportunities for Business Owners

The Tax Cuts and Jobs Act of 2017 brought the largest changes to both individual and corporate taxes that we have seen in the past 30 years. Included in those changes was IRC Section 199A, which permits business owners to deduct up to 20% of the “qualifie…

529 College Savings Plan Withdrawals

Withdrawals from 529 plans are not taxed at the federal level, as long as you understand and follow the rules. To the extent you withdraw an amount less than or equal to your payments for qualifying higher education expenses (QHEE) in the same calendar…