The Second round of Stimulus Payments Are on Their Way

Are you finding unusual deposits from the IRS in your bank account? Last week, the treasury started sending the second round of stimulus payments, or Economic Impact Payments. The following comes from an IRS new bulletin. The IRS and the Treasury Department began issuing a second round of Economic Impact Payments, often referred to as […]

A Second Round of Stimulus Payments Are Planned

In yesterday’s stimulus package passed by Congress, another round of Economic Impact Payments (EIP) payments are planned to be sent within a few weeks of President Trump’s signature. Except for the size of the payment, many of the rules for eligibility and the method of payment are the same as the first payments made earlier […]

Strategies for Your Stock Portfolio in 2020

Do you own stocks, bonds or other securities in a taxable account (not a retirement account)? Here are some strategies for minimizing taxes or taking advantage of your tax bracket this year: Avoid the high taxes (up to 40.8 percent) on short-term capital gains and ordinary income by holding your positions for at least 12 […]

Coronavirus Disaster Assistance for Individuals and Businesses

coronavirus disaster assistance

With the COVID-19 related shutdowns and government mandates, a wide variety of programs and assistance are becoming available for individuals and businesses. Check this site frequently for updates as we assemble a list of programs you may be able to take advantage of. If you are aware of other programs, please comment or drop us […]

How Changes to Individual Deductions Affect Your 2018 Tax Bill

The Tax Cuts and Jobs Act (TCJA) that affects tax returns beginning with the 2018 tax year has many changes that may affect your 2018 taxes. The law could increase your standard deduction or it could eliminate some tax breaks you have been used to in prior years. As you may know, the IRS allows […]

Steve Trojan CPA earns Certified Divorce Financial Analyst Certification

Steve Trojan, CPA has recently completed the necessary training and testing to earn the designation of Certified Divorce Financial Analyst®. This program, provided by The Institute for Divorce Financial Analysts™ (IDFA™) is a specialized educational program in professional divorce analysis and provides training to provide financial information and assistance to people going through a divorce. […]

Last Minute Tax Planning for 2017 Under the New 2018 Tax Bill

With Congress giving taxpayers barely a week to react before the end of the year, the new 2018 tax bill does present some unique opportunities to do last second tax planning for 2017. Much of what can be done before year-end is standard tax planning advice. We caution that these are standard planning techniques that taxpayers […]

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