Categories for Tax and Financial News

Winners and Losers of the Tax Bill thumbnail

Winners and Losers of the Tax Bill

March 1, 2019 12:00 pm Published by

In 2018 when President Trump and the Republican Congress rewrote the tax code, everyone knew there would be winners and losers. Exactly how this will play out is just starting to be seen – it closes loopholes while opening others... View Article

When Is A Loan Not A Loan? thumbnail

When Is A Loan Not A Loan?

February 1, 2019 12:00 pm Published by

With the sweeping new tax legislation in 2018 capturing everyone’s attention, other changes have taken a back seat. There were several Tax Court cases in 2018 that rendered important decisions impacting how things work – one of which was Povolny Group,... View Article

Divorce Can Be Taxing thumbnail

Divorce Can Be Taxing

January 1, 2019 12:00 pm Published by

Divorce is expensive. Aside from the emotional toll divorce takes on a family, both the process and aftermath of a divorce can be costly. Below we look at some of the steps people can take to help remove the tax... View Article

Tax Reform 2.0 thumbnail

Tax Reform 2.0

October 1, 2018 12:00 pm Published by

The House Republicans recently introduced legislation that, bundled together, is being referred to as Tax Reform 2.0. Expanding on the Tax Cuts and Jobs Act (TCJA), it’s composed of three main bills that intend to address some of most criticized... View Article

Would a $1,000 Tax Deduction get you in the Gym? thumbnail

Would a $1,000 Tax Deduction get you in the Gym?

September 1, 2018 12:00 pm Published by

America is one of the heaviest societies in the entire world. Two-thirds of Americans are classified as obese or overweight using Body Mass Index as a measurement. These aren’t just ugly statistics; medical conditions linked to obesity caused more than 100,000... View Article