Defer and Possibly Reduce Taxes on Capital Gains By Investing in a Qualified Opportunity Fund

 One of the most interesting wrinkles of the Tax Cuts and Jobs Act was the creation of Opportunity Zones. According to the IRS, Opportunity Zones are particular distressed communities throughout the country in need of economic revitalization. Under a nomination

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Posted in November 2019 Newsletter

Tax and Financial Planning Calendar for November 2019

Month Income Taxes Saving and Investing NOVEMBER Need to make applicable elections in connection with employer’s flexible spending account Good time to make semi-annual donation of clothing and household items to charitable organizations.  Don’t forget to make a list, including

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Posted in November 2019 Newsletter

IRS Releases New Tax Gap Estimates

From IRS News IR-2019-159, September 26, 2019 The Internal Revenue Service released a new set of tax gap estimates on tax years 2011, 2012 and 2013. The results show the nation’s tax compliance rate is substantially unchanged from prior years.

Posted in 2019 October Newsletter

Tax & Financial Planning Calendar for October 2019

Month Income Taxes Saving and Investing OCTOBER Tax returns on extension due 10/15/19 Find out how to complete your W-4 form correctly using the IRS’ On-line Withholding Calculator Taxpayers on extension must fund retirement accounts by October 15th 5500s for

Posted in 2019 October Newsletter

Game of Loans: Income Based Repayment Options vs Refinancing

Earlier this month, my firm hosted a live webinar in our Financial Boot Camp series titled “Game of Loans: Income Based Repayment Options vs Refinancing ” which was recorded and is now available online. According to the presenter Alex Oliver from First

Posted in 2019 October Newsletter

Andrew Schwartz To Present Free Online CPE Seminar on Growing A Niche Practice

WHEN: Thursday, Sept. 26, 2019 11:00 am – 12:00 pm (Pacific Price: FREE   In a profession where many CPAs and accountants operate as generalists, specializing within a niche can provide a huge competitive advantage.  Many firms have realized that the

Posted in 2019 September newsletter